Is it right that college graduates earn higher salaries than the less well-educated in the community?

Some conclude that college students should bear Idontknowl expenses for their higher learning on the generalization that college graduates usually receive higher salaries for similar jobs than those without a college degree. We can not deny that higher level of education, indeed, do associate with better income. Still, build on such fact alone, the conclusion remains questionable when more aspects are taken into consideration.

The whole argument in question rests on an assumption that it is always the case that people with higher education make more money than those less well-educated. But salary or income is, in most cases, based on contributions made by employees to companies or organizations in which they are employed. Statistics in the labor market indicate that people with professional training tend to find jobs easier than college graduates do and that blue-collar workers who do not hold college degrees are becoming the hotties in the labor market. Employers prefer to hire and pay more to highly skilled and specially trained people rather than fresh college graduates. In the auto industry, for instance, skilled technicians make two or three times more than their college educated counterparts who make the average salaries in other companies. And it is widely accepted that people's income is determined more by talent, hard work, and willingness to take risks than solely by certain qualifications such as college education. Otherwise, the unemployment rate of college graduates would not be increasing every year and the rule of supply and demand will lose much of power in controlling the labor market. Admittedly in some knowledge extensive field such as research, teaching, and practice of law the labor force are primarily consists of highly educated professionals. But such people make up only a fraction of the labor market and are thus unrepresentative of the whole employment in general.

Considering the goal of education, we find that it is even more problematic