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>The percentage of the working age population who have attained a postsecondary education has skyrocketed over the past 50 years, but incomes have remained stag
by nickthemagicman 9y ago
>The percentage of the working age population who have attained a postsecondary education has skyrocketed over the past 50 years, but incomes have remained stagnant.
Your numbers are out of proportion with every single statistic that measures salary of a college graduate vs salary of a high school graduate.
Maybe incomes have remained stagnant because the overall income is dropping nationwide and college graduates are the ones keeping the average stable.
Suffice to say your statement is not accurate. Education shows massive economic value.
However, EVEN if it didn't show massive economic value, exposing young people to a variety of ideas and perspectives before they enter the work world gives them a solid foundation to make decisions and critically think about life is massive value in itself.
Human beings are limited by the information in their heads and don't typically seek out new information voluntarily. Education gives them new information to reason about the world with.
- randomdata 9y ago> Your numbers are out of proportion with every single statistic that measures salary of a college graduate vs salary of a high school graduate. The original article gives the $10k figure and a quick Google search suggests other sources agree with it. But really, the exact figure is irrelevant. The fatal flaws with that way of measuring income remain. The numbers don't really matter here. > Maybe incomes have remained stagnant because the overall income is dropping nationwide and college graduates are the ones keeping the average stable. I don't think the data supports this. Incomes are stagnant for even the lowest income group. Unless you are suggesting that college graduates in the lowest income group are responsible for keeping that lowest income group afloat? If that is the case, what should we take from that? Why are college graduates in the lowest income group in the first place if college attainment leads to higher incomes?