What College Graduates Actually Earn

See the earnings behind every degree

How earnings grow, how much they vary, and how programs compare -- across certificates, associate, and bachelor's degrees. 900+ colleges, 33 states, and where the evidence runs thin.

Built on the U.S. Census Bureau's Post-Secondary Employment Outcomes data across 33 states and two decades of graduation cohorts.

Explore the data
33
states and DC with post-secondary earnings data from the Census Bureau
PSEO 2025Q4, all degree levels
938
colleges and universities tracked across certificates, associate, and bachelor's degrees
PSEO institutions, deduplicated
3
degree levels with earnings at the 25th, 50th, and 75th percentile at Years 1, 5, and 10
Certificates, associate, bachelor's
20yr
of graduation cohorts (2001-2020) pooled to maximize coverage and reduce suppression
PSEO cohort groups
Source: U.S. Census Bureau, Post-Secondary Employment Outcomes (PSEO), 2025Q4 release. Earnings in 2023 dollars (CPI-U adjusted). Coverage varies by degree level and state participation.

Data coverage by state

PSEO coverage depends on state participation in the Census Bureau's LEHD program and data-sharing agreements with postsecondary institutions. The states below have earnings data for at least one degree level. States like Texas, Ohio, Colorado, and New York offer some of the richest program-level detail.

PSEO data available
Not yet participating
Coverage varies by degree level. Short-term certificates: 25 states. Associate degrees: 29 states. Bachelor's degrees: 33 states + DC. Map shows the union of all coverage.

Explore earnings by degree level

Each tool shows earnings at the 25th, 50th, and 75th percentile at 1, 5, and 10 years after graduation. Select any state and institution to see program-level trajectories, variation, and where data is suppressed.

Short-term Certificates

Under 1 year

515 institutions across 25 states. Includes the Value-Added Earnings Test for Workforce Pell eligibility screening.
Associate Degrees

2-year programs

651 institutions across 29 states. Earnings trajectories and variation for associate-level completers.
Bachelor's Degrees

4-year programs

537 institutions across 33 states + DC. The broadest geographic coverage of any degree level in PSEO.
Workforce Pell

Value-Added Earnings Test

Under the proposed Workforce Pell rules, short-term certificate programs must show that graduates earn enough above the poverty line to justify tuition costs. This tool approximates that federal test using the best available public data.

Select any state and institution to see which programs pass, which fall short, and where suppression makes the answer unknowable.

Run the test
STEM Median Earnings Progression: bachelor's degree programs at Colorado School of Mines, showing trajectories from Year 1 to Year 10
Colorado School of Mines, STEM bachelor's programs. Lines trace median earnings from Year 1 to Year 10. Shaded bands show P25 to P75 range.

Publications & Analysis

Essay

Introducing Opportunity Data

March 2026 · Substack

A short introduction to the project's central argument: trajectory over time, variation within programs, and what missingness reveals about the limits of workforce earnings data.

Read article →
Analysis

The Case for Skilled Trades

April 2026 · Article

Trades certificates show some of the steepest earnings growth of any short-term credential. And with self-employment excluded from the data, the observed trajectories are a floor, not a ceiling.

Read article →
Commentary

ROI Is the Wrong Question

February 2026 · Essay

Why short-term credentials should be judged through trajectory, spread, and context rather than a single early-earnings snapshot.

Read article →

What this project is about

Most workforce program evaluation collapses to a single number: return on investment. That number tells you the average outcome at one point in time. It does not tell you how earnings grow after graduation, how much outcomes vary between graduates, or which programs serve populations too small to appear in any dataset.

Opportunity Data exists to surface the structure that summary statistics hide. We track earnings spread and trajectory (how earnings change and vary at one, five, and ten years after graduation) across short-term certificates, associate degrees, and bachelor's degrees at more than 900 institutions in 33 states. Interactive tools let you compare programs by college, by field of study, and against value-added benchmarks that account for the students an institution actually serves.

The goal is not to replace accountability. It is to make accountability possible. When more than half the programs in a state are invisible to the data, and the visible ones are reduced to a single figure, we are making policy on incomplete evidence. This project is an attempt to do better.


Get in touch

Questions about the data, interested in collaborating, or have feedback? Send a message.