a-software-engineer-with-a-masters-degree-earns-more-than-one-with-only-a-bachel

Question

A software engineer with a master's degree earns more than one with only a bachelor's degree. What does this suggest about the role of human capital in wage determination?

Accepted Answer

Higher education increases human capital, leading to higher wages.

Answer

Human capital is irrelevant in technology fields.

Answer

Wages are solely determined by years of experience.

Answer

Education level has no impact on wages in the tech industry.