On average across OECD countries, men with at least a bachelor’s degree earn over ÚSD 300 000 more than what they paid for their education or lose in earnings while studying, compared with those who only have a high school degree. And taxpayers too realise a return of over USD 200 000 per tertiary graduate in higher public revenues and lower social transfers. It is hard to think of a better investment at a time when knowledge and skills have become the currency of modern societies and economies. And despite the burgeoning number of graduates, we have seen no decline in their relative pay, which is so different from those with fewer qualifications.
Fuente: Andreas Schleicher: Awarding – and imagining – teaching excellence | Education & Skills today