Economist at Boston U Discovers Higher Education Doesn’t Pay
More on the Higher Education Bubble. This essay points out how lost wages and compressed earnings due to higher education can put you in a higher tax bracket and therefore cost you more in taxes. It also examines the outcomes of four different scenarios and finds that a job in plumbing pays roughly the same in a lifetime as a primary care physician.
Plumbers also don’t have to work 80+ hours a week in internship, and an average of 50-60 hours a week in practice. They also don’t have to worry about accidentally killing anyone or being sued.
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