Higher education: -is not generally worth the costs -is worth the additional expanse for bachelor's degrees and associate's degrees but not for master's degrees and higher. -is only worth the additional expense for professional degrees such as law and medical degrees.  -will generally result in lower lifetime earnings, ceteris paribus. -will generally result in higher lifetime earnings, ceteris paribus (all else equal)

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter11: Labor Markets
Section: Chapter Questions
Problem 18SQ
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Higher education:

-is not generally worth the costs

-is worth the additional expanse for bachelor's degrees and associate's degrees but not for master's degrees and higher.

-is only worth the additional expense for professional degrees such as law and medical degrees. 

-will generally result in lower lifetime earnings, ceteris paribus.

-will generally result in higher lifetime earnings, ceteris paribus (all else equal) 

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