While the pursuit of higher education might be making millennials a bit smarter, it’s not helping them get jobs or make any more money, according to a new study from Payscale and Millennial Branding, a millennial-centric research firm.
The study sampled approximately 350,000 millennials, 520,000 Generation Xers and 270,000 baby boomers and compared their degree levels, their salaries and their underemployment. According to the data, millennials are the most educated and academically qualified — but they’re also the most underemployed and making the least money.
“Congress will have been in session for eight days total during the 102-day stretch from Aug. 1 to Nov. 12, after the midterm elections. As the Hill explains, given lawmakers’ $174,000 annual salaries, their pay works out to $608 per hour over that span.”
In addition to the $325,000 she makes per episode on Modern Family, the majority of Vergara’s earnings come from endorsement deals with companies that include CoverGirl, Head & Shoulders, Diet Pepsi, Synthroid and AT&T. She is also in the midst of a 12-year deal with Kmart, hoping to bring Hispanic clients to the box store giant, as well as being the cofounder of Latin World Entertainment, a Hispanic talent management and entertainment marketing firm. Add on film roles and a newly launched perfume and it’s just simple math to rack up $37 million.
Kutcher, for his part, earned his $26 million through his role on Two and a Half Men, as well as via tech investments.