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In an effort to promote the U.S. semiconductor industry, President Joe Biden has often described it as a high-paying field. During an April 8 speech at Madison Area Technical College in Madison, Wisconsin, he attached a dollar figure to it. "Know what the average salary is?" Biden said. "$110,000. You don't need a college degree." A 2021 report said the average industry salary is around $170,000. But other data in that same analysis showed that people who have less than a bachelor’s degree were unlikely to make more than $70,000. People with no more than a high school diploma can expect to earn a bit more than $40,000 per year. People with "some" college could earn up to $60,000 a year, and those with an associate degree could increase that to $70,000. The statement contains an element of truth — the average salary in the field is even higher than he said — but it ignores critical facts about the educational attainment needed to reach that level of pay. We rate it Mostly False. Read our full fact-check at the link in our bio. #biden #semiconductor #economy #education #jobs #factcheck
Duration: 0 sPosted : Tue, 16 Apr 2024 14:33:45Views
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