>If the more and more people attaining a postsecondary education really were adding $10k to their yearly income like the article suggests, incomes would be risi

>If the more and more people attaining a postsecondary education really were adding $10k to their yearly income like the article suggests, incomes would be rising substantially. Adding $10k to your yearly income does not add $10k to the aggregate yearly income. In large part, educational credentials are a positional good - if we gave out twice as many law degrees, we would not have twice as many practicing lawyers. In other words, completing a degree often helps you get a job at the expense of others who do not hold degrees.