1QUESTION-ANSWER
Answer 1
The major factor for making the college a questionable investment is the rate of
profitability that a student can incur in compare to a high school pass-out employee. The
statistics and calculations represent that a year of college increases the earning $3,000 and after
the end of four years it becomes $12,000. However, the raw difference between the earning of
high school graduates and bachelor degree holders is $15,000 (Owen and Sawhill 2013).
Therefore, the cumulative earning amount of the bachelor degree students is still less. Moreover,
the cost of college matters is also played a crucial role in the process of making college a
questionable investment. For instance, it is not possible for all the people to enter into workforce
in late because everyone do not have the opportunity to delay four years more to earn.
Answer 2
Figure 1 of the discussion tries to present a trajectory of educational attainment. It means
the data projects a difference in the earning of bachelor degree holders and high school diploma
people. It is true that the initial profit gap between the college goer and high school attendee is
$15,000. However, the gap is extending over life time and it is promising for the college goers to
earn high profitability throughout the career. There are two contradictory facts that can be seen in
the graph. Firstly, there is a project shows that 23 to 25 years old bachelor degrees make $12,000
more than the school graduates but by the age of 50. However, the overall estimation provides
the statistics that a total sum of $570,000 can be earned by the bachelor’s degree students with
the cost of investment of $ 102,000 for four years of college. Therefore, the return is definitely
high and effective.

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Trajectory of educational attainment Question Answer 2022

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