Education makes a big difference at the individual level, but varies too much person by person to affect the national level of income.

Question

Quizplus · Accepted Answer

Education does have an impact on national income levels, as countries with higher levels of educational attainment tend to have higher GDP per capita and overall economic growth. However, the impact of education on an individual's income can vary greatly depending on factors such as the field of study, level of education, and individual characteristics.

Education Makes a Big Difference at the Individual Level, but Varies