I heard on the radio today that college graduates make more money than people who are not college graduates.
So it must be true!
But what is the cause and what is the effect?
In order to get a degree you probably need to be
smart
diligent
responsible
ambitious
maybe even connected and lucky or talented
and if you are all those things or have all those things
wouldn't you make more money no matter what?
what you really need to do is compare two groups of nearly identical people except one group has degrees and the other doesn't
how do they compare regarding income?
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