Here is my made up guess: The average university graduate will do better without degree than the current non-grad averages.
You are making the assumption that it all boils down to the degree (the difference in income). This can't be possible (maybe a majority of it, but not all of it). There are other factors (like being from a middle-class, higher IQ, etc.) that selects for going to Uni. and this has effect later on income.
You are making the assumption that it all boils down to the degree (the difference in income). This can't be possible (maybe a majority of it, but not all of it). There are other factors (like being from a middle-class, higher IQ, etc.) that selects for going to Uni. and this has effect later on income.