"Economists report that a college education adds many thousands of dollars to a man's lifetime income - which he then spends sending his son to college"
- Bill Vaughan
About this Quote
This quote by Bill Vaughan highlights the economic effect of a college education. According to financial experts, acquiring a college degree can substantially increase a person's life time earnings by thousands of dollars. However, the paradox lies in the truth that this increased income is typically utilized to fund the education of the next generation. To put it simply, a male's hard-earned cash is spent on sending his child to college, therefore perpetuating the cycle of investing in education for future generations. This quote clarifies the significance of education not simply for individual growth, but also for the improvement of society as a whole.
This quote is written / told by Bill Vaughan between October 8, 1915 and February 25, 1977. He was a famous Journalist from USA.
The author also have 24 other quotes.
"I spent three days a week for 10 years educating myself in the public library, and it's better than college. People should educate themselves - you can get a complete education for no money. At the end of 10 years, I had read every book in the library and I'd written a thousand stories"
