By being a college student you earn $68.42 per hour.
Where does this figure come from?
Average lifetime earnings of a high school graduate is $1,087,500
Average lifetime earnings of a college graduate is $1,613,000
A 4-year degree = (40 classes) * (3 days a week) * (16 weeks of class)
(on average) = 1920 hours in class
For every hour in class, students spend 3 hours in a lab, tutoring center,
or doing homework.
(1900 hours in class) * (3 hours) = 5760 additional hours
Use the difference between what a high school graduate and
a college graduate earns ($1,613,000 - $1,087,500) = $525,500
Divide by the total number of learning hours (1920 + 5760) = 7680 hours
For a grand total of $525,50 / 7680 hours = $68.42 per hour
