Mo' Money, Mo' Booze

Cheers!

According to government statistics, people with a graduate degree spend an average of $992 a year on alcohol -- compared to only $102 for those with less than a high school degree. There’s even a big difference between high school grads, who spend $276 on booze each year -- and college grads, who spend $760. When digging through the stats, researchers found that those with higher education levels drink both more and better quality booze than those with less education.

Annual alcohol spending by education level

Less than high school degree

$102

High school degree

$276

Bachelor’s degree

$760

Graduate degree

$992

https://www.marketwatch.com/story/bottoms-up-the-real-reason-well-educated-people-spend-9x-more-on-booze-2019-06-12?mod=moneyish

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