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EARNING INCOME

EARNING INCOME. DEVELOPING YOUR HUMAN CAPITAL. LABOR MARKET. INCOME FOR MOST PEOPLE IS DETERMINED BY THE MARKET VALUE OF THEIR LABOR, PAID AS WAGES AND SALARIES. PERSONAL DEVELOPMENT.

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EARNING INCOME

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  1. EARNING INCOME DEVELOPING YOUR HUMAN CAPITAL

  2. LABOR MARKET INCOME FOR MOST PEOPLE IS DETERMINED BY THE MARKET VALUE OF THEIR LABOR, PAID AS WAGES AND SALARIES.

  3. PERSONAL DEVELOPMENT PEOPLE CAN INCREASE THEIR INCOME AND JOB OPPORTUNITIES BY CHOOSING TO ACQUIRE MORE EDUCATION, WORK EXPERIENCE, AND JOB SKILLS.

  4. HUMAN CAPITAL THIS IMPORTANT ECONOMIC TERM REFERS TO THE KNOWLEDGE, SKILLS, AND HEALTH THAT INDIVIDUALS POSSESS.

  5. HUMAN CAPITAL DEVELOPING HUMAN CAPITAL-THROUGH FORMAL AND INFORMAL EDUCATION- IS A FORM OF INVESTING.

  6. HUMAN CAPITAL IN DEVOTING TIME, EFFORT, AND PERHAPS MONEY TO EDUCATION, FOR EXAMPLE, STUDENTS GIVE SOMETHING UP NOW IN ORDER TO GAIN SOMETHING OF VALUE IN THE FUTURE.

  7. INVESTING IN YOURSELF TRADITIONALLY, IT’S BEEN BELIEVED THAT EDUCATION IS ONE OF THE SAFEST AND HIGHEST VALUE INVESTMENTS AROUND.

  8. INVESTING IN YOURSELF BUT THE RECENT RECESSION AND THE HIGH LEVEL OF UNEMPLOYMENT AMONG THE NUMEROUS “BOOMERANG” KIDS, HAS SHAKEN PEOPLE’S FAITH IN THIS WELL-TRODDEN PATH.

  9. INVESTING IN YOURSELF COUPLE THAT WITH THE HIGH COST OF COLLEGE AND AMERICANS HAVE BEGUN TO WONDER WHETHER A COLLEGE DEGREE IS WORTH THE SACRIFICE? TOTAL COLLEGE COSTS HAVE GROWN 42%

  10. IS COLLEGE WORTH THE COST?

  11. NO RECESSION FOR COLLEGE GRADS • Even in the depths of the recession, when the national rate of unemployment topped 10%, the economy added 200,000 jobs for workers with bachelor’s degrees. • Since the recovery began, 2 million more have been created • Nearly 6 million jobs requiring a high school diploma or less have been lost since the downturn began. • The unemployment rate for all four-year graduates is 4.5%. • For recent graduates it’s 6.8% • For recent graduates trying to work with only a high school diploma, nearly 24%.

  12. NOT ALL B.A. DEGREES ARE CREATED EQUAL

  13. NO SUCH THING AS A GENERIC DEGREE • On average, a degree will provide $1.3 million in additional lifetime earnings. • One in five undergraduate degrees produce average earnings no greater than those of a high school graduate. • Degrees that teach applied skills have unemployment rates far below the national average, while general degrees are far above average. • Those with Actuarial and Pharmacology degrees have unemployment rates of zero. • Graduates with Architecture degrees, 10.6% • History and Fine Arts, 15.4% and 16.2% respectively.

  14. SHOP FOR COLLEGE INTELLIGENTLY Shop for the best value in education. Look for the most employable majors. Make yourself the most marketable candidate Click on this link to watch an informative video: http://lifeinc.today.com/_news/2012/10/24/14655208-college-degree-is-still-worth-it-despite-soaring-costs?lite

  15. THE RESULTS CAN BE VERY PROFITABLE CLICK ON THE LINK TO SEE LIFETIME EARNING POTENTIAL FOR DIFFERENT FIELDS http://www.census.gov/hhes/socdemo/education/data/acs/infographics/index.html

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