Which model of educational attainment better explains

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Consider the following facts. After the age of 25, persons with college degrees earn more than persons with no education beyond their high school degrees, ceteris paribus. Moreover, persons with high school degrees earn the same as persons who have had some college trainingA????1no matter the number of years of collegeA????1but never complete their degree, ceteris paribus. Which model of educational attainment better explains these facts (and why)?

Reference no: EM131051084

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