My colleague David Leonhardt at Economix analyzes new government data on pay trends for 2010. It was a pretty bad year for everybody. But the statistics underscore that an education remains as valuable as ever: the pay gap between college graduates and workers with only a high school degree continued to grow and has reached a new record: the typical college graduate makes more than 75 percent more every week than the typical high-school graduate.
Thursday, January 20th, 2011
The value of education
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Eduardo Porter writes about business, economics, and many other matters as a member of the New York Times editorial board. He has also worked as a journalist in Mexico City, Tokyo, London, São Paulo, and Los Angeles. He was the editor of the Brazilian edition of América Economía and covered the Hispanic population of the United States for The Wall Street Journal. He lives in New York.