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You are told that having a college education increases a person's earnings by 30% over their lifetime. A non-college graduate earns about $30,000 per year. How much more will you earn with a college education over a 40 year career?

A$30,000
B$120,000
C$240,000
D$360,000

Verified Answer :

Ilie

Earnings for 40 years without college are $30,000*40=$1,200,000
With college education you will earn $1,200,000*0.3=$360,000 more.
Answer: d)

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