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by dahart
1155 days ago
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> No it’s not Why do you think that? The claim in the article was clear: “According to repeated analyses by economists at the Federal Reserve Bank of New York, a four-year degree generates an annual return of 14 percent over a 40-year career.” There are many many other sources that back up this claim too. I linked to other Fed data above that shows an average ~2x income premium for grads. It’s actually true that college grads, statistically speaking, earn more than non-grads in the U.S. > there is almost no difference in the wages for this [25th] percentile ranking of college graduates and the median wage for high school graduates throughout the entire period. This quote ironically and hilariously supports the claim that college grads earn more. It’s comparing the 25th percentile of grads to the 50th percentile of non-grads. Hahaha! |
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