Problem
Studies have concluded that a college degree is a very good investment. Suppose that a college graduate earns about 75% more money per hour than a highschool graduate. If the lifetime earnings of a high-school graduate average $1,200,000, what is the expected value of earning a college degree?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.