Comment by nitwit005
This idea that a university degree gets you a higher exponent on your annual raises seems like a poor model. Many careers have an effective ceiling on possible wages, baring becoming an executive or owner of some sort.
This idea that a university degree gets you a higher exponent on your annual raises seems like a poor model. Many careers have an effective ceiling on possible wages, baring becoming an executive or owner of some sort.
I consider degrees to be a compressed delivery of 15 years of work experience into 4 years. After 15 years of work, the same pay would be given to a college grad with zero years of experience.