Sentences to ponder

Real earnings for young college grads have fallen by over 15% since 2000, or by about $10,000 in 2011 dollars

Michael Mandel’s tweet is here, and link to the underlying material is here.

Don’t be misled by claims of a “high” or “rising” college premium, that is indeed true relative to high school (or less), but many of those wages are down even more.  In absolute terms the return to college is not doing well.