I believe you can put an actual dollar figure on the value of education.
Can you put an actual dollar figure on the value of education? I believe you can. Personal placement firms, management consulting firms and many industry human resources professionals can tell you what salary or wage to expect for a given occupation depending on the individual’s education level.
With minimum wage in Ontario at $15 per hour, a 40-hour work week is worth $600. That translates to over $30,000 annually. A graduate of the Ontario Apprenticeship program will average between $18 to $20 per hour, earning them over $10,000 more per year than those without the added education.
Education has a definite, tangible value. It can be quantified. The more you have and the higher the standard, the higher the annual income you can obtain… Read More