Based on the information provided in the graph, for which of the following situations could you expect to have the greatest increase in salary? a. having a high school diploma and going to college for a year. b. having an associate’s degree and getting a bachelor’s degree. c. having a bachelors degree and getting a master’s degree. d. having a master’s degree and getting a doctorate degree.

The correct answer is having a master's degree and getting a doctorate degree.

Most of the companies pay higher wages to employee with masters and doctorate degree because most of these companies believe a person with such degrees must have acquired varieties of skills that can further contribute to the development or smooth running of their company.

A person with a masters and a doctorate degree tends to earn more higher than those with just bachelor and master’s degrees.  

A master’s degree refers to the first stage of graduate study and it is meant to train a person in specialized field after obtaining bachelor’s degree. It takes about one or two years to fully complete a master’s degree. After completing the program, graduates must have acquired an advanced knowledge in a particular field.  

If a person has a doctorate degree, such person must have acquired an exclusive specialty in a particular field. It is also the highest level of academic degree and takes about three to four years to complete

A person with doctorate degree earns more than those with bachelors or master’s degree; in fact most of the top positions in the United States require a doctorate degree.

Therefore, having a master’s degree and getting a doctorate degree will lead to greatest increase in salary.

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