Experience Stern | News & Events

Excerpt from Bloomberg -- "In 1980, if you were a high school graduate and you compared your average wage that you earned to a college graduate, the college-educated graduate made about 20% more than you did. Today, the college graduate makes almost twice as much as the high school graduate. And as Chair Yellen said, the two forces that drive that, primarily, are globalization and technology. In other words, there's been an increase in the demand for high-skilled workers...So today, if you are a high school educated worker with no post-secondary education and you go into the labor force, 90% of the low-wage jobs are held by people with only a high school education. So the key is, how do you get more people into the high-skill category?"

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