What percentage of Americans have a terminal degree?

Asked by: scraper  |  Last update: August 24, 2026
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Approximately 2% of American adults (aged 25 and older) hold a doctoral degree (Ph.D. or equivalent), representing roughly 4.5 to 4.7 million people. When including professional degrees (such as JD, MD, or PharmD) and master's degrees, the total for all "advanced degrees" is around 13%–14.4% of the adult population.

How many people have a terminal degree?

Approximately 4.7 million people aged 25 and older in the United States hold a doctoral degree, according to 2022 US Census Bureau data. Including professional degrees (like JDs or MDs), roughly 2% to 4.4% of the U.S. population holds a terminal degree, marking a significant increase from previous decades.

What are the top 10 most regretted degrees?

Based on surveys of thousands of job seekers and college graduates, people most regret degrees that offer low return on investment, high post-grad competition, or salary caps. The top 10 most regretted degrees are:

Do any billionaires have PhDs?

At least 35 U.S. billionaires hold a PhD, utilizing their specialized, high-level research expertise to build, or bolster, substantial fortunes. Top fields include computer science, biology, and engineering, with prominent figures including James Simons (Mathematics), Eric Schmidt (Computer Science), and Peggy Cherng (Electrical Engineering).

Is a terminal degree respected?

Terminal Master's Degrees:

While doctoral degrees are often essential in academic or high-level research roles, terminal master's degrees are highly respected and, in many industries, are the highest credential you'll need.

Is Getting A DBA Worth The Investment?

24 related questions found

Can EdD be called a Doctor?

Yes. An EdD (Doctor of Education) is a terminal doctoral degree, and graduates are fully entitled to use the title "Doctor" (Dr.) professionally.

What did Elon Musk say about college?

Elon Musk has repeatedly criticized the traditional university system, stating that colleges are "basically for fun and to prove you can do your chores, but not for learning". He argues that degrees are not required for actual learning, as students often accumulate massive debt without gaining useful skills.

Is Taylor Swift a PhD?

Taylor Swift does not hold a traditional academic PhD, but she was awarded an honorary Doctor of Fine Arts degree from New York University (NYU) in 2022. She never attended college and does not have a standard doctorate requiring academic research or coursework.

Who's the closest to a trillionaire?

Tech billionaire Elon Musk is most likely to become the world's first-ever trillionaire based on average annual growth rate in wealth, reported Informa Connect Academy. The Tesla, SpaceX CEO is currently the world's richest man with a net worth of $251 billion, as per the Bloomberg Billionaires Index.

What creates 90% of millionaires?

While a famous quote often attributed to Andrew Carnegie suggests that real estate creates 90% of millionaires, modern economic studies show that wealth is rarely built on one asset alone. Instead, the vast majority of self-made and "everyday" millionaires accumulate their wealth by combining consistent, long-term investing with business ownership.

What is considered a useless degree?

Some sources also consider degrees in biology, history, general science, English language and literature, creative writing, nutritionist, physical fitness, and commercial art and graphic design as worthless for securing a job with a reasonable salary.

What is the most stressful university degree?

The most stressful university degrees often involve intense workloads, high-stakes memorization, and long hours, topped by Medicine, Engineering, Architecture, Nursing, and Law. These fields are mentally exhausting, frequently cause burnout, and require intense dedication to complex, fast-changing, or highly detailed material.

Which degree is best for the next 10 years?

Top 15 Degrees in Demand for the Future

  • Computer Science & Artificial Intelligence. ...
  • Data Science & Analytics. ...
  • Nursing & Advanced Practice Nursing. ...
  • Cybersecurity & Information Security. ...
  • Physician Assistant. ...
  • Healthcare Administration. ...
  • Biomedical Engineering. ...
  • Financial Technology (FinTech)

What is the #1 least educated state?

West Virginia is widely ranked as the #1 least educated state in the U.S. It consistently ranks at or near the bottom in national studies, including the annual WalletHub Least Educated States Study and rankings by World Population Review.

What degree is the most useful today?

Top 10 Most Useful Degrees

  • Computer Science. ...
  • Information Technology (IT) ...
  • Accounting. ...
  • Education. ...
  • Health Sciences. ...
  • Supply Chain Management / Operations. ...
  • Data Science and Analytics. ...
  • Skilled Trades (Electrician, HVAC, Construction Management)

Who has the youngest PhD ever?

The youngest person to be awarded a PhD is the German child prodigy Johann Heinrich Friedrich Karl Witte (born 10 July 1800; better known simply as Karl Witte), who received his doctorate from the University of Giessen, Germany, on 10 April 1814 at the age of 13 years 283 days.

Who is the kindest rich person?

World's most generous people and how to contact them

  • W. ...
  • Gordon and Betty Moore. ...
  • Eli and Edythe Broad. ...
  • Irwin and Joan Jacobs. ...
  • George Soros. ...
  • Julian and Josie Robertson. ...
  • Bill & Melinda Gates. Lifetime Giving: $32.91 billion (41% of current net worth) ...
  • Warren Buffett. Lifetime Giving: $25.54 billion (39% of current net worth)

What state has zero billionaires?

There are currently three U.S. states with zero resident billionaires: Alaska, Delaware, and West Virginia.

What percentage of Americans have $1,000,000 in savings?

Only 4.7% of Americans have $1 million or more in retirement savings accounts like 401(k)s or IRAs. This figure refers specifically to liquid or tax-advantaged retirement accounts; when including all assets such as real estate (net worth), the percentage of U.S. households reaches roughly 18%.

Who's richer, Oprah or Taylor Swift?

Oprah is richer, with an estimated net worth of roughly $3 billion to $3.2 billion, compared to Taylor Swift, who has an estimated net worth of around $1.6 billion to $2 billion.

What is Elon Musk diagnosed with?

Elon Musk has publicly disclosed that he has Asperger's syndrome, a condition on the autism spectrum.

Who is the 9 year old billionaire?

The 9-year-old billionaire you are referring to is likely Princess Charlotte of Wales, whose estimated net worth is nearly $5 billion. Alternatively, internet personality Mompha Junior is often dubbed the "world's youngest billionaire" on social media, though his wealth is primarily generated through or inherited from his father.

Who is the only artist to refuse to accept a Grammy?

Sinéad O'Connor is the only artist in Grammy history to win and actively refuse an award.

What did Billy Joel call Taylor Swift?

Billy Joel referred to Taylor Swift as "like that generation's Beatles". He praised her songwriting and work ethic, stating she "knows music and she knows how to write".

Who is richer, Beyoncé or Taylor?

Taylor Swift is significantly richer than Beyoncé, as of May 2026. According to Forbes' 2026 World's Billionaires list, Taylor Swift has an estimated net worth of around $2 billion, primarily driven by her massive Eras Tour and music catalog. While Beyoncé also reached billionaire status in late 2025, her estimated fortune is currently lower.