How much does a person's income have to do with academic qualifications? How much income can you bring in by reading more? Do graduates from elite schools earn more?
This may be a topic of interest to many parents.
It just so happens that the 2021 Nobel Laureate in Economics Joshua Angelist and his partner Kruger have several parental concerns in their research.
Angrister's research data is particularly large, but the basic result is simple and clear, that is, a person's lifetime income has an absolute positive relationship with his academic qualifications! And the relationship is particularly special! What do you mean? That is, the higher the income, the higher the education level! The effect of famous schools is still particularly obvious! Don't say who has not graduated from primary school but earns millions a year, this does not need to raise the bar, that is a case, not a rule!
To this end, I also specifically inquired about the "Wage Guidance Price In the Human Resources Market" in many cities, and the results were quite consistent with Angelist's research. Let's take some of the most representative industries in China's more representative city - Shenzhen's human resources market wage guidance price to take a look at the amazing gap! Why not list them all, because there are some industries, people do not want to be below the undergraduate level, showing that there is no contrast.
To explain: Shenzhen's implementation in 2021 and 2022 is still the guidance price in 2020, so the latest data is also the data of 2020, which comes from the government public information of the Shenzhen Municipal Human Resources and Social Security Bureau.
Through the chart, it can be clearly seen that even in industries such as logistics and tourism, the level of education will make a big difference in income!
Data doesn't lie, and it doesn't lie to people. Don't believe it, if you graduate from elementary school, you go to the employer and say, give you 10,000 yuan a month, which boss do you see will have water in his brain?
So, those who say that it is useless to study and go to college, huh, huh. The real situation is that if you don't study, don't go to college, or don't go to a good university, your knowledge and cognition can't reach that level, and you really can't do many high-paying positions!!!