Education: Safe & Profitable
The educational bureau of Fidelity Investment Association in Wheeling, W. Va. observed the nation's commencement season last week by publishing a survey of the prospective earning power of the Class of 1936. As a group, this year's 141,000 college graduates will work 40 years, make $27,000,000,000. Each will earn $194,000, as compared to $88,000 life earnings for high-school graduates, $64,000 for grammar-school graduates.
For spending four years and an average $4,000 in college, the survey figures, the average graduate will net $102,000 more than his high-school brother, an amount equal to $100 for every day of class. From its survey, Fidelity Investment Association roundly concluded: "Higher education seems to be one of the safest and most profitable investments in America today."
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