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Re:50% of All Workers Made Less than $26,000 in 2010 by nobody314159 on Thursday October 20, 2011 @04:40PM (#3136875)
So if everybody in the country had a masters degree people would all earn 2.5x as much?

Obviously an increase in PhD programs in french-fry frying would raise incomes even further.

Re:50% of All Workers Made Less than $26,000 in 2010 by beej71 on Thursday October 20, 2011 @06:19PM (#3137365)
The point is not to make money. The point is not to get a PhD. The point isn't even to get a degree.

The point, if you want a job, is to be competitive in a cutting edge field.

I'll start worrying about what happens when everyone has a Master's Degree when 20% of the population has a Master's Degree.