الثلاثاء، 15 نوفمبر 2011

Declining salaries of college graduates

These graphs were posted at Mandel on Innovation and Growth, and discussed at Sociological Images. At Boing Boing, Cory Doctorow asked this question -
I want to ask an economic question, a political question, and a policy question. First, no one has given me a good explanation yet of why young American college grads should have been hit so hard. Is there increased competition with young college grads around the world? Are new college grads lower quality than their predecessors? Has information technology reduced the need for young grads? 
- and got about 30 different answers.

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