Income by education

Interesting data by Universities NZ, looking at average income by qualification and field of study.

So what is the average salary gain for a qualification, from the previous level:

• Certificate $7k
• Diploma $6k
• Bachelor $10k
• Honours $16k
• Masters $3k
• PhD $43k

And what are the average earnings for a Bachelors degree:

1. Medicine $175k
2. Law $143k
3. Dentistry $114k
4. Economics $108k
5. Engineering $107k
6. Business $105k
7. IT $100k
8. Veteninary $100k
9. Architecture $99k
10. Politics $94k
11. Agriculture $92k
12. Science $88k
13. Justice $87k
14. Pharmacy $86k
15. Nursing $83k
16. Other Health $82k
17. Humanities $81k
18. Communications $80k
19. Sports $75k
20. Education $74k
21. Tourism $73k
22. Creative $73k
23. Hospitality $62k
24. Alternative Health $54k

Sad that education professionals are paid so poorly at $74k average salary. I think the best teachers should be earning at least $120k.