The Education-Salary Debate: In A Graph

[Nutsack]

I'm sure all would agree with me this is how things work in most parts of the word, and applies to most industries.

 

 

In essence, it shows a positive relationship between having qualifications and remuneration. But the relationship becomes weaker as one moves up the academic ladder.

 

The salary difference between a person without education and a person with a cert, is greater than the salary difference between a person with a bachelor's deg and one with a masters.

 

 

Please do not flame me for not being sufficiently scientific or "accurate".

 

I've left out factors like, quality of unis/courses, individual experiences/capabilities, gender-biases, age... omg so many other things.

 

This is simply an informal arbitrary graphical representation of how the general view is on this debate.

 

Do you all agree that this is more or less the way things are, excluding all the other factors?

 

 

[Mightymito]

No education = no income

masters > degree

 

 

 

[Carpinion]

in summary: Rate of Diminishing Returns.

[Acemundo]

hehe.....perfect picture to illustrate what I have said earlier in this post

 

http://www.mycarforum.com/index.php?s=&amp...t&p=3468594

[Nutsack]

No education = no income

masters > degree

 

 

Arbitrary, arbitrary...

 

Still, perhaps I shouldn't have let the curve start from the zero point. Haha

[Nutsack]

hehe.....perfect picture to illustrate what I have said earlier in this post

 

http://www.mycarforum.com/index.php?s=&amp...t&p=3468594

 

You and I majiam same.