I recently read a newspaper column by a Daniel S. Cheever, president of Simmons 
College in Boston.  He claims that a college graduate will, on average, earn $800,000 
more than a high school graduate over a lifetime.

Discounting aside, this still seems rather high to me.  Not knowing this issue, and 
being ignorant of labor economics, can anyone offer a quick verification of this 
figure?  I know it depends on degree and institution.  What do reliable estimates say 
about a bottom line figure such as this one?

Ed. 

Edward J. López
Assistant Professor
Department of Economics
University of North Texas
P.O. Box 311457
Denton, TX 76203-1457
Tel: 940.369.7005
Fax: 940.565.4426
NEW EMAIL: [EMAIL PROTECTED]
Web: www.econ.unt.edu/elopez

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