In "It Takes a Doctorate to Beat Inflation" The Wall St. Journal explores recent shifts in the way educational levels increase income levels — and fail to do so. The key passage in the article:
"Although the best-paid college grads are doing well, wages of college grads have fallen on average, after adjusting for inflation, in the past five years. The only group that enjoyed rising wages between 2000 (just before the onset of the last recession) and 2005 (the most-recent data available) were the small slice with graduate degrees."
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