Can Women Close the Wage Gap through Educational Gains?

Can Women Close the Wage Gap through Educational Gains?

Women have made extraordinary strides in closing the gender wage gap. Education is their primary strategy for gaining access to the labor force and achieving economic prosperity. Since 1975, the gender wage gap has narrowed by 24 cents, and women’s participation in college has nearly doubled. The analysis suggests that the wage gap is 7 percent smaller than it would be without women’s advantage in educational attainment.

But while women’s educational achievements have led to economic progress, their earnings still lag behind men’s. Today, women earn only 81 cents to the dollar paid to men if we don’t control for education or occupation. Some of the difference is attributable to educational and career choices since women tend to opt for more traditional nurturing and care-giving majors and occupations that pay less. However, even when controlling for education level, college major, and occupation, women still make only 92 cents for every dollar paid to men. This gap can lead to a more than $1M difference in earnings over the course of a career.

Moreover, although the wage gap has narrowed, men’s earnings are higher than women’s at every education level. Right out of high school, men earn over $10,000 more than women, and that difference grows at each level of attainment. At the bachelor’s degree level, men earn over $25,000 more than women on average. A woman with a bachelor’s degree and that much more training earns about the same as a man with an associate’s degree. In fact, to earn as much as men, women generally need one more degree than men.

The reality is that 75 percent of well-paying jobs that require only a high school diploma go to men. Women need more than high school, and ideally at least a bachelor’s degree to make family-sustaining wages.

Fortunately, women are earning those extra degrees. In the United States, approximately 3 million more women than men are enrolled in postsecondary education. And women aren’t just enrolling—they’re achieving. Women now outnumber men at every level of educational attainment. Sixty-one percent of associate's degrees, 57 percent of bachelor’s degrees, 60 percent of master’s degrees, and 52 percent of doctoral degrees are awarded to women.

So while the gender wage gap persists, women are taking strides to close it. Education has been and will continue to be a crucial strategy. But education alone is not enough, and women can’t close the gap on their own. Ultimately, solving the gender wage gap will require new policy solutions and cultural changes that encourage some women to take the path less traveled.

Read more about the gender pay gap in our report, Women Can’t Win: Despite Making Educational Gains and Pursuing High-Wage Majors, Women Still Earn Less than Men.

Follow the Georgetown University Center on Education and the Workforce on Twitter, (@GeorgetownCEW), LinkedInYouTube, and Facebook.

Dr. Carnevale is Director and Research Professor of the Georgetown University Center on Education and the Workforce, an independent, nonprofit research and policy institute affiliated with the Georgetown McCourt School of Public Policy that studies the link between education, career qualifications, and workforce demands.

Sherry Chaudhry,CHA

Head of National Business Development / Title Division, Shann M. Chaudhry, Esq. Attorney at Law, PLLC 111 W. Olmos Drive San Antonio, Texas 78212 Alamo Title/Fidelity Entrepreneur

4y

Education adds additional credibility but women usually out pro form men in many positions and industries and have higher education but still take less money 💰 to the bank.

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Sherry Chaudhry,CHA

Head of National Business Development / Title Division, Shann M. Chaudhry, Esq. Attorney at Law, PLLC 111 W. Olmos Drive San Antonio, Texas 78212 Alamo Title/Fidelity Entrepreneur

4y

Reminds me of my third Board Meeting in a room full of "Suits" , where I spoke out and asked if the financials could be divided up between the event center of the city, the convention center and the city Visitors City Sales Staff to see where we lost $17,000,000 in HOT taxes to be allocated for marketing the city.  The director looked at his staff and asked if it could be done and they said sure.  After the meeting , the General Manager of the largest Convention Hotel came over to me as I was getting a cup of coffee and said, " those were great questions in the meeting,  You are a lot smarter than you look".   Pardon me for the comment of referring to the room of  all male general mangers as "Suits".  Women have to work harder, be more diversified, strategic and not only lead the way but "Take the Road Less Traveled.".   Its not about trying to be as good to get the job its about being more creative, diversified , and learning the social and emotional skills to analyse, collaborate effectively and earn the respect and confidence of others as a leader that takes everyone with them to the top and not the one that climbs over them to get there.

Rich Feller Ph.D. LPC, JCTC

NCDA Past President, Prof & Univ Dist Teach Scholar, Keynoter, Author, Entrepreneur, Consultant in 50 States & six continents. Co-Founder OneLifeTools, Advisor YouScience, Exec. Dir. Career Development Network

5y

CEW creates key questions about inequities and access.  Examining bias within interest-only career assessment  which dominates HS career guidance is closing the gap in many states. University of Missouri's review of www.youscience.com data finds that aptitude fit scores are comparable between girls and boys, and more diverse high fit populations are available for each industry. This information needs to be shared! When aptitudes are understood  "the do what you love and the money will follow" myth is corrected to find talent within community regardless of race, gender and location. 

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Yes definitely educational growths are the best ways to eradicate that one...

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Idah Masopoga

Operations Manager at ELDO

5y

very true mafriend

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