Jobs & Education

Does Education Pay Off?

List THREE high paying jobs:

List THREE low paying jobs:

What factors influence pay?

• Skill level required (no previous training, e.g. fast food)

• Danger factor (jet test pilot)• Unique talent or skill (sports, acting, music)• Level of education required (engineer, doctor)• Supply and demand (nursing shortage)

Does Education Pay Off?

• $23,600• $7,100• $22,200 - $15,100 = $7,100• $174,000 (10 yrs. X $39,600 = $396,000 minus

10 yrs. X $22,200 = $222,000)• $8,500• ? (human investment capital – investment of

time and money in college and training)