Monday, January 9, 2017

Study: Wage gap flattens between college, high school graduates - Jarrett Carter, Education Dive

A recent study suggests technology is the primary reason for slowed growth in the earning gap between high school and college graduates over the last 6 years. Non-cognitive jobs once filled by people are being replaced by digital programs and systems, while abstract jobs are supported by technological innovation. Mid-level and management jobs are now sources of heavy competition between graduates with bachelor's and advanced degrees, creating a new emphasis on credentialing which makes higher education more costly and time-consuming. Since 1980, the number of employees with bachelor's degrees had quadrupled as the wage gap between high school and college graduates has doubled.

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