You are told that having a college education increases a person's earnings by 30% over their lifetime. A non-college graduate earns about $30,000 per year. How much more will you earn with a college education over a 40 year career?

Question

Mathematics

Dayton Mcbride

1 August, 10:23

You are told that having a college education increases a person's earnings by 30% over their lifetime. A non-college graduate earns about $30,000 per year. How much more will you earn with a college education over a 40 year career?

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Answers (2)

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Dominik Moore · Answer 1

30,000 per year annual income by a non-college educated man or woman

30% of 30,000. is 9,000. more every year for the college educated man or woman.

If a person works 30 years at his or her career making 9,000. more annually then they will have earned 30 times 9,000. or 270,000. more than the non-educated individual.

Moriah Aguirre · Answer 2

30,000 (40) = 1200000 1200000 (.3) = 360000 $360000 more