In this study, we analyze the relationship between educational attainment and hourly earnings. With large survey data on young adults, our results suggest that there is a significant relationship between earnings and years of schooling, age, sectors of occupation, job tenure, years of experience and gender. Furthermore, having a high school diploma, two- or four-year college degree, master’s or doctorate degree leads to changes in earnings. However, these changes are negative. These negative results may occur because employers value work experience much more than a diploma.