In terms of consumers' incomes, a nondegree holder will earn more than twice as much total income as a degree holder over a lifetime.

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This statement is false. On average, individuals with a college degree earn significantly more over their lifetime compared to those without a degree. According to data from the Bureau of Labor Statistics, the median weekly earnings for workers with a bachelor's degree was $1,248 in 2020, compared to $746 for those with only a high school diploma. Over a lifetime, this difference in earnings can add up to hundreds of thousands or even millions of dollars.

In Terms of Consumers' Incomes, a Nondegree Holder Will Earn