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by candybar
1017 days ago
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It's even worse than that - $44,356 is the median salary for high school graduates aged 25 or over with a full-time job (it's extrapolated from the median weekly wage of $853) in 2022: https://www.bls.gov/careeroutlook/2023/data-on-display/educa... It's unclear exactly what qualifications apply to "a third of students earn less than $40,000" - I was not able locate an actual source for this claim - but the way it's written, it appears to include everyone, possibly even those that are not in the workforce at all. Also, given a huge increase in nominal income over the past couple years, it's difficult to evaluate this claim without a clear sense of what time frame this covers. It's also unreasonable to compare college graduates 4 years after graduation to a cohort that includes mid-career professionals decades into their career. Consider for instance, how much doctors tend to make 4 years after graduating from college and how unrepresentative that would be of their full career earning potential. |
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