The average payoff in annual earnings from education has:
A) declined.
B) remained the same
C) increased
D) resulted in a higher literacy rate

Question

Quizplus · Accepted Answer

The average payoff in annual earnings from education has increased. Over time, employers have placed more value on higher education and have been willing to pay higher salaries to employees with college degrees or advanced degrees. This trend is likely to continue, as technological advancements continue to increase the value of skills attained through higher education.

The Average Payoff in Annual Earnings from Education Has