This is a remarkable piece of work. Truly.
Holders of bachelor\’s degree earn 70% more than their high school counterparts, and those with advanced degree earn 130% more. In a 40-year career a bachelor\’s degree means an added $903,320, and a graduate degree $1,670,360.
This is used as an argument in favour of further government subsidy, the use of grants to students, rather than their taking out loans to pay for it.
No, seriously, that you\’ll earn §1.6 million extra is evidence that you shouldn\’t pay for it. We should tax the garbage collector so that you can earn that extra $1.6 million.
This is from a professor of American Studies at Sarah Lawrence College:
Small coeducational liberal arts college located in Bronxville, NY that recognizes the creative and performing arts as integral to a liberal arts education.
Not all that keen on logic there then.