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Sunday, November 27, 2005

Get More Education, and Make More Money (via Angry Bear)

Kash at Angry Bear has some analysis of a recent Financial Times story that drives home the point at the way to get ahead in this country is to get more education. He writes:
This reward to education has grown over time. For example, a Census Bureau summary of major economic trends in the US over the past half century reported that the median income of workers with at least a BachelorĂ‚’s degree was only 35% higher than those with only a HS diploma in 1963. By 1997 that premium had risen to 88%. And in 2003 the earnings gain from having at least 4 years of college was over 100% of a HS graduateĂ‚’s earnings, according to the data cited above.
Click here for the whole thing - it's a very interesting read.

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