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I don't think it's a guarantee. In the UK (where tuition is capped at £9k($12k)/year), a whole heap of majors were shown to reduce lifetime earnings vs not goin
by martinald 7y ago
I don't think it's a guarantee. In the UK (where tuition is capped at £9k($12k)/year), a whole heap of majors were shown to reduce lifetime earnings vs not going to university.
The difficulty is that you are going to earn a lot less while you are at university, so if you spend 3 years there earning $0, it really drags down lifetime earnings unless the degree adds a somewhat decent %age above baseline in terms of earning power.
- Dylan16807 7y ago> The difficulty is that you are going to earn a lot less while you are at university, so if you spend 3 years there earning $0, it really drags down lifetime earnings unless the degree adds a somewhat decent %age above baseline in terms of earning power. You'd have to have a less than 7% earning power increase, and I wouldn't even call that a decent percentage for one year of dedicated self-funded training.