Estimates of a college education’s benefits are being estimated to be from about $800,000 to as much as $1 million. However, I find it’s more likely a fictitious figure, that often compares college degree earnings with those that include laborers working at minimum wage.
An assumption is made that all non-college jobs are non- skilled. Many skilled jobs that do not call for a college degree, such as electricians and plumbers, pay far better than college-bred positions.
Eliminate janitor-type jobs from the conventional comparisons, and the estimates get completely skewed; college’s worth is over-valued. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)
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