In the US, according to the Social Security Administration, men with a bachelor's degree earn about $900,000 more in median lifetime earnings than those with only a high school diploma. Women with a bachelor's degree earn $630,000 more. Men with a graduate degree earn $1.5 million more while women with graduate degrees earn $1.1 million more.So you decide if a $100,000 investment is worth it.
Exactly! Hopefully people dumb enough to fall for this won't get into college in the first place.
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And how does it fail basic math?
Because without a college degree the average income is 28K so after 8 years and 4 months you would have broken even with a 40K job.
A 40k job isn’t much in the more expensive areas.
Still better than a 28K job; what's your point?
You are not going to afford a good house with a 40k job in any of the more expensive areas.
You're still going to do better than you would with a 28K in most areas across the country.
If you can afford a house that is.
Well after 8-9 years you'll have a better chance than you would have if you didn't go to college but going off on a tangent about housing prices doesn't change the fact that this image failed at basic math.
The average income approximately is $28k for those who don’t have a high school diploma, while the average income for those with a high school diploma is $35k and the average income of those with some college credits is around $38k. Those with AA degrees earn $41k, those with bachelor’s earn $59k and those with masters earn $69k smartasset.com/.../the-average-salary-by-education-levelIf anything the poster is an oversimplification.
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