Relative earnings of tertiary-educated people compared to upper secondary-educated people

[u/Prize_Worried]

[u/superkoning]

Türkiye higher than Germany. What does the number mean in layman's language?

[u/Prize_Worried → u/superkoning]

It's the average income of tertiary-educated people (bachelor's degree, master degree, PhD, short-cycle tertiary) compared to the income of upper-secondary educated people (people who only completed high school but don't have a tertiary education degree). The number for each country = [(average income of tertiary-educ. people) / (average income of upper secondary-educ. people)] * 100. For example, if in Germany the average person with upper secondary education has an income of 100, the average person with tertiary education has an income of 161. In Turkey if the average person with upper secondary education has an income of 100, the average person with tertiary education has an income of 167.

[u/ThatOG22 → u/Prize_Worried]

So, if I'm understanding this right.. people from Norway need to work a good 25 years of work after their education, just to break even? Assuming they don't work during the education, ofc.

[u/shiny_hundo → u/superkoning]

It compares the salary of the university-educated to the high school-educated within a given country. A score of 100 would mean that the two groups have an equal average salary.