Daily chart: Revenge of the nerds | The Economist
▻http://www.economist.com/blogs/graphicdetail/2015/03/daily-chart-2?fsrc=scn/tw/te/dc/revengeofthenerds
THE economies of the rich world increasingly depend upon skilled workers, and college degrees are in high demand. In 1972 a university-educated man aged 25-34 could expect to earn 22% more than a peer without a degree, according to the Urban Institute, a think-tank. Today that premium has risen to 70%. But if university pays, its benefits are not spread evenly across all graduates. A new report from PayScale, a research firm, calculates the returns to higher education in American universities. Its authors compare the career earnings of college graduates with the present-day cost of a degree at their alma maters, after taking account of financial aid.