Investing in Education pays Dividends

Submitted by Liz Weaver on March 4, 2012 - 7:35am
A recent Martin Prosperity Institute report show that Education and Earning are connected

The Martin Prosperity Institute recently released a report called Education (still) pays, but How Much?  This report shows that for all categories, the completion of a college or university degree increases an individual's earning potential over their lifetime.  

In some cases, the increase in earnings is quite substantial. 

Exhibit 1: Average wage returns for additional educational attainment

  (Source:  http://martinprosperity.org/insights/insight/education-still-pays-but-by-how-much)

If education increases an individual's lifetime earnings and if Canada is seeking to become more prosperous overall, this report begs the question, why don't we, as a country, better support individuals living in low incomes to complete high school and follow a post secondary path?