Risky Business: What Every Teenager Needs to Know About Living Smart - Lesson Details

Activity 1.2 - The Benefits of Education

In this activity, students examine two tables on annual earnings of young adults. They review the concept of the median and then answer questions about the median salaries of young adults with different levels of education. The activity suggests some of the benefits of investing in human capital by staying in school.

Concepts:

Career choice, Costs and benefits, Investing in human capital, Trade-offs
National Content Standards in Economics:
  • Standard #1: Scarcity
  • Standard #4: Incentives
  • Standard #13: Income


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