Unformatted text preview: Single parent homes tend to have lower incomes than married couple households. It is difficult to tell how individuals with a bachelor’s degree and younger workers will respond to these trends. As the bachelors degree today has become the high school diploma of the past, post secondary gradates may just find themselves having to go to graduate school to secure the wages they deserve. One of the big reasons for this is the increasing number of graduates and foreign competition. Economics dictates that the globalization of labor will drive wages down, and that’s exactly the trend we are seeing in the United States. To survive in the tertiary economy of the United States workers must offer exactly what the economy strives for, knowledge...
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- Spring '08
- Government, Academic degree, Bachelor's degree, lower incomes, younger workers