Turn “study or work” into a calculation: compare the three years of pay you'd earn by working now against the yearly income gap you'd gain over the next several decades by staying in school
Going to work now lets you earn a few years of wages sooner, but you collect that money once. Staying in school means earning somewhat more than you otherwise would every year, for 30 or 40 years in a row. So the two sums have to be put side by side. In Chinese cities, one more year of schooling went with roughly 4.0% to 10.2% higher yearly income, but those are figures from before 2001 and give only a rough idea.
- High value
- Evidence B
- Saves money