In terms of average wages, a college degree was worth 50 percent more than a regular high school degree in 1980, but by 2008 the college degree was worth 95 percent more.73 In that sense, the edu-cational gains of kids from poor backgrounds have been doubly illusory. They've been struggling to catch up on a down escalator.
More and more people are getting college degrees, which that high school degrees are less valuable or the college degree will worth more. Thinking about jobs such as "secretary" that we read about in Tuesday's reading. The job description and responsibilities can also change so that it requires a higher degree. Now, so many people are getting bachelor's degrees that further education or a lot of experience is needed to be competitive.