4 ms·
Let V_x be the value of a college degree x. V_x = \Sum_i{E(\pi_i) for all degree x holders, where \pi is a degree relevant portion of "premium" net cash flow fr
by protez 16y ago
Let V_x be the value of a college degree x. V_x = \Sum_i{E(\pi_i) for all degree x holders, where \pi is a degree relevant portion of "premium" net cash flow from i th person's labor pertinent to degree x, discounted by the labor-demand prospect of the degree x. If we're lucky, it may be possible to compute such values of the less-than-fifty-years-old degrees.