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Human Capital Investments

by Jadrian

Luke has decided that he's ready for college and meets with a community college admissions officer. He asks all the important questions like "how hard is it?" and gets some tough but realistic answers. The admissions officers tells him that after years of hard work, he'll graduate and be qualified for an entry level job and steadily get promoted until, around age 45, he can expect a 3 bedroom house. Luke compares his current situation with this potential future and decides that maybe college isn't right for him. But is that the correct counterfactual that he should use for this decision?

Modern Family: Community College

Lukes considering going back to school

from Modern Family (2017)
Creator: Chris Lloyd and Steven Levitan
Distributor: Google Play Store
Posted by Jadrian
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