How much did the financials of having children impact your decision to have them or not?

But, you see, investment is expected to provide positive returns... People will contribute to the economy whether or not they go to school. That's already a given.

The variable is if graduates are able provide more value. But we know that they do not. Wages have held stagnant through the entire rise of post-secondary schooling. If there was greater economic value being provided, wages would have rose alongside.

Furthermore, Canada is the most educated nation in the world. The post-secondary attainment rate is now nearly 75%. In the USA it is only 40%. That means the median worker in USA does not have a post-secondary attainment, but the median worker in Canada does. Yet, the median worker in the USA provides ~30% more economic value.

Let me state again: The median worker in Canada provides less economic value than the median worker in the USA despite having more schooling on paper.

So, perhaps what you're saying is that not all paper is equivalent. Perhaps Canada's schooling system is useless, even if schooling in general is not. That may be true, but if that's what you're trying to say, how can you call that an investment?

/r/PersonalFinanceCanada Thread Parent