Higher salaries for college means more money for the government, which matters to policymakers. “The typical college graduate pays, on average, 80 percent more in taxes each year than the typical high school graduate,” according to the College Board report. For those with advanced degrees, the tax benefits to the government are even better. Doctors and lawyers might grouse that they pay 3-1/2 times as much in taxes as high school graduates do. Then again, they earn three times as much. And on the flip side: