The basic idea is that university-educated people make more money than people who don't have a university educationpic.twitter.com/655xEy61Ym
It is pretty hard to control for every confounder, but even more conservative models have a strongly positive ROI for investing in university education. There's a point at which the marginal benefit is low, but OECD models indicate we haven't reached that yet
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I'm not arguing that more people in uni would necessarily increase revenue, although I wouldn't be surprised. My main point is that a decrease in uni graduates would almost certainly result in a decrease in revenue
End of conversation
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