In a not so distant past, the United States boasted the highest ratio of college degree holders relative to the overall population.
Unfortunately this is no longer so. The United States ranks No. 11 right now, far behind counties such as Russia, Korea, and even Spain.
As a country’s economy develops and shifts from manufacturing to services, the level of education becomes a critical factor in productivity and success.
Accordingly, the value of a college education has been steadily increasing over the years and the average salary gap between college-educated and non-college-educated workers clearly reflects that. Higher educated workers earn more, and increasingly more so, over time.
Click through for full article text.