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UK median income in 2018 was GBP 28,400 which is at today's rate about USD 36,600. I don't see why you made the comparison though? The person deciding to start
by incone123 7y ago
UK median income in 2018 was GBP 28,400 which is at today's rate about USD 36,600. I don't see why you made the comparison though? The person deciding to start a 4 year degree can't assume they personally have an opportunity cost of 4*annual median earnings.
- esotericn 7y agoMy claim is roughly that making back ~1 median wage is not a high bar to meet. Over a working career I'd consider it below the error margin; it's 2-3% of lifetime earnings if you only earn median. Like, flubbing a single negotiation on any job could have a higher impact than that over the rest of your career.