"raghu" <[email protected]> wrote: 

> Well it is true isn't it, that investing in education and skills is a good 
> way to reduce wage inequalities? 

I think that the average cost of K-12 education in the US is now over $100,000. 
It seems that it doesn't do a good 
job of reducing wage inequalities. 

A friend sent his son and daughter to high quality private colleges at a cost 
of over $100,000. The son argued that 
he could have done better with money. 

> Of course, "education and skills" are one thing and a "degree" is another 
> thing entirely, especially if it is from Devry Institute or similar. 

A profession seems to pay more than just having a degree. Attending a ivy 
league school will pay in giving a 
person contacts to help in future activities. One study found that those from 
wealthy families did considerably 
better than others with the same degree. 

Does the school make the difference in what one learns or is it the courses one 
takes? Doesn't reading by 
itself make one more intelligent? 

-- 
Ron 



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