Problem

Choose the best answer to each of the following questions. Explain your reasoning with one...

Choose the best answer to each of the following questions. Explain your reasoning with one or more complete sentences.

According to data from the National Center for Educational Statistics, the median earnings for 2010 graduates with a bachelor’s degree (only) was $47,970, while the same figure for graduates with an associate’s degree was $36,390. Assuming that difference remains relatively constant over a 30-year career, approximately how much more does a person with a bachelor’s degree earn than a person with an associate’s degree?

a. $150,000

b. $350,000

c. $450,000

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