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.
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: