Figure G3

Most college graduates saw minimal wage growth since 2000: Cumulative percent change in real hourly wages of Black workers with a college degree for the average, median, and 90th-percentile wages, 2000–2020

Year 50th 90th Average
2000 0.0% 0.0% 0.0%
2001 -0.2% 0.8% 1.8%
2002 1.3% 2.8% 2.7%
2003 0.1% 2.8% 2.5%
2004 -1.8% 2.8% 0.8%
2005 -0.8% 4.2% 1.7%
2006 -1.3% 4.9% 1.5%
2007 -0.9% 5.6% 2.3%
2008 -2.2% 3.1% 1.7%
2009 -1.8% 3.7% 2.5%
2010 -1.2% 5.9% 3.1%
2011 -3.4% 2.1% -0.1%
2012 -4.5% 4.3% 1.1%
2013 -5.3% 5.2% 1.9%
2014 -5.4% 3.6% 0.4%
2015 -3.7% 9.5% 4.6%
2016 -2.8% 11.7% 6.7%
2017 -1.5% 12.8% 7.0%
2018 -1.8% 14.0% 8.1%
2019 0.3% 15.2% 9.6%
2020 5.6% 23.9% 15.2%
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Economic Policy Institute

Note: Education groups are mutually exclusive, so “college” here refers to those with only a four-year college degree.

Source: Author’s analysis of EPI Current Population Survey Extracts, Version 1.0 (2020), https://microdata.epi.org

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