S E43: Why wages vary - Why some of us get paid more than others
Think Like An Economist
Building Human Capital Through Education
People with college degrees, on average, earn a lot more than those without a college degree. Education plays a huge role in how much you'll earn for two reasons: It builds your human capital and therefore makes you more productive. Second, education can also help you get hired by signalling, say that you 're tenacious.
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