That’s a pretty unbelievable graph. In fact I don’t believe it.
Note how they use an 8% discount rate per year. That is an insane value to use. In fact anything above 4 is actively dishonest, and 4% is unrealistically high. This is probably done to reduce the impact of student loans, and how that along with medical costs allow people to take lower salaries despite a degree.
I think this is the “real” data from OECD. It looks like they saw this and decided to normalize down to a negative value in a Scandinavian Country (the OECD discount rate is 2%).
They’re definitely trying to head off the “Scandinavian” comparison. (If you notice the total benefit for Denmark, while lower, is less than the total cost in Norway (although by only a bit).
Yep, it’s directly from the OECD. Notice they point out manipulating effects of the discount rate, and point out that Norway would be negative at 8%. So it looks like they are using a whole 8% across every year.
As to the arguments about college education value, aren’t they just arguing a scarcity premium anyway? It’s financially ruinous to get a college education in the US, so a smaller percentage of the population does it, so the value of it is magnified. And the US upper-tier wage structures are absurdly inflated. Does that mean the US is doing it right? Well, if you’re one of the people who can afford the college education, yes. If you’re not, well then, not so much.
Wow, so this guy thought it was appropriate to put up a portrait, in a US Federal Government office, of a guy who literally committed treason against this country.
What goes through these people’s heads?
Most definitely not accomplished - Khomeini’s behavior today is the same as it was last week, and the same as it will be months after new sanctions go into effect. Total failure! Sad!