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In 2005 the median annual income of high school dropouts was about 6000 less than graduates If dropout gets paid 8 an hour how many extra?

To calculate how much extra a high school graduate earns per hour compared to a high school dropout, we need to divide the difference in their median annual incomes by the number of hours worked per year.

Let's assume that both high school graduates and dropouts work 40 hours a week for 50 weeks a year (excluding holidays). This amounts to 2000 working hours per year.

Median annual income of high school dropouts in 2005: $25,636

Median annual income of high school graduates in 2005: $31,000

Difference in median annual incomes: $31,000 - $25,636 = $5,364

Extra earnings per hour for high school graduates: $5,364 / 2000 hours = $2.68 per hour

Therefore, a high school graduate with an hourly wage of $8 would earn $2.68 more per hour than a high school dropout with the same hourly wage.

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