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 BachelorÂs 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 graduateÂs earnings, according to the data cited above.Click here for the whole thing - it's a very interesting read.
The finance classroom meets the outside world (and vice-versa). Back away slowly from the computer with your hands up and your mind open, and with luck nobody gets hurt.
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:
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Higher education helps in increasing one's knowledge, analytical and problem-solving skills.
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