How have average wages of college graduates compared to average wages of high school graduates over the last 30 years?
A) Relative college wages have held steady over the last 30 years, with college graduates earning about 60% more than high school graduates during the entire period.
B) Relative college wages have held steady over the last 30 years, with college graduates earning about 90% more than high school graduates during the entire period.
C) Relative college wages have increased drastically over the last 30 years, from being 50% more than high school wages in 1980 to almost 100% more in 2005.
D) Relative college wages have increased drastically over the last 30 years, from being 20% more than high school wages in 1980 to almost 60% more in 2005.
E) Relative college wages have decreased slightly over the last 30 years, from being 40% more than high school wages in 1980 to just under 30% more in 2005.

Question

Quizplus · Accepted Answer

Relative college wages have indeed increased significantly over the last 30 years, reflecting a growing wage gap between college and high school graduates. This trend highlights the increasing value of a college education in the labor market.

How Have Average Wages of College Graduates Compared to Average