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by somenameforme
1534 days ago
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Median income of somebody with a bachelor's degree is $60,585 [1]. Median income of a plumber is $59,880 [2]. The big gaps you'll find rely on either average income (where an uncapped high + hard capped low = inflated numbers) or household income. There are numerous biases that deserve mentioning, but the simple component of college debt vs earn while you lean means plumbers are probably already better off on "average". [1] - https://dqydj.com/income-by-education/ [2] - https://www.bls.gov/oes/current/oes472152.htm |
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But I think my argument that >50% of college grads are better off having gone to college than plumbing school is true.
If you broke it into quartiles i bet the top quartile college graduate does much better than the top quartile plumber. The second quartile grad does moderately better than plumbers. The 3rd quartile about the same and the 4th significantly worse.
I see the quartile data for plumbers trying to find it for bachelor grads.