Shaila Dewan passes along the latest from (pdf) Pew:
From 1965 to 2013, according to a new Pew report called “The Rising Cost of Not Going to College,” the typical high school graduate’s earnings fell more than 10 percent, after inflation.
“That is one of the great economic stories of our era, which you could define as income inequality,” said Paul Taylor, an author of the report. “The leading suspects are the digital economy and the globalization of labor markets. Both of them place a higher premium on the knowledge-based part of the work force and have the effect of drying up the opportunities for good middle-class jobs, particularly for those that don’t have an education.”
Even middle-class jobs that are still available increasingly require a college degree, either because they require more skill than they used to or because employers have become pickier.
Laurence Steinberg believes fixing high…
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