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Estimate the gap between those who hold bachelor’s and higher (master or doctoral) degrees and those...

Estimate the gap between those who hold bachelor’s and higher (master or doctoral) degrees and those who do not.

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The gap between those who hold degree and those who do not is -

  • Job preference - those who hold the degree are given high preference than those who do not. Its obvious that company will prefer those who have better qualifications than others
  • Skills - Those who hold degree obviously that have better skills than other as they have been educated at higher level
  • Wage rate or salary - the wage rate of those who do not hold the degree in comparison to those who hold the degree . In today's world if you hold a degree you will.be paid better.
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