Interesting news from the Friendly Giant to the North (as PJ O’Rourke once called Canada) about the increases in earnings coming from having more education. OK, so the figures are in that strange currency, the Loonie (yes, really what they call the Canadian Dollar) and we already knew the basics of the story, that getting educated pays off. But it’s good to see the actual figures:

Young men with a bachelor’s degree, for example, had median earnings of $50,506 while those with graduate degrees had even higher median earnings at $54,686.

It isn’t, of course, just young men who benefit:

For example, the median earnings of women aged 45 to 54 with a university degree surpassed those with no high school diploma by more than $33,000. In fact, just having that high school diploma earned women some $9,000 more, on average.

Women too: and something that is even more important is that it’s not just colllege degrees which create this rise in income:

Those with a registered trade or apprenticeship were earning nearly $40,000 — some $2,600 more than those who had a high school diploma and some $8,000 more than those who didn’t even have that.

Education, whatever the level, whatever the path, increases lifetime earnings.

Interesting, no?