The Advantages of Higher Education

According to the Economist, there is a great interest on the part of the young to join universities because of the economic uplift it offers.
In South Korea, 70% of the young join the universities.
In the OECD club of 35 countries , 43% of 25-34 year olds now have degrees.In America, the figure is 48%.
"And a degree is an obvious way for bright youngsters from poor families  to prove their abilities."
Graduate premium is a term employed in assessing the expense on education.It is the difference between the average earnings of someone with a degree and someone with no more than more than a secondary school education.