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White Men Still Outearn Other Groups
Education Gaps Between Races, Sexes Have Narrowed, Census Says, but White Men Still Earn More (ABCNews.com)

A highly educated white man still makes much more money than anyone else.On average, a white man with a college diploma earned about $65,000 in 2001. Similarly educated white women made about 40 percent less, while black and Hispanic men earned 30 percent less, according to Census Bureau estimates being released Friday.

Almost half of Asian residents 25 and older have graduated from college, nearly twice the rate of whites. Still, Asians earned about 8 percent less than whites.

Nationally, 84 percent of U.S. residents 25 and older are high school graduates, the Census Bureau found. By gender, it was 83.8 percent for men and 84.4 percent for women.

Nearly 27 percent are college graduates almost 29 percent of men and 25 percent of women.The gap between men and women has been narrowing since the 1970s, largely due to younger, more educated women steadily replacing older, less-educated women in the work force, Census Bureau analyst Jennifer Day said.

Income disparities across educational levels were far lower among white women and other minorities. In fact, Asian women with bachelor's and master's degrees earned more money than similarly educated white women.