This blogs article is titled "Education pays but perhaps less than you thought". This article pretty much discussed the topic about college graduates versus high school graduates and how there is not much of difference with their expenses. The most common difference is that college graduates tend to move to cities were the housing is more costly than others. It is not that they live more expensively. This article also discussed the Bureau of Labor and Statistics a chart of 2007 of what is earned based on the highest level of education completed. The article of "Real Wage Inequality" by Enrico Moretti is not stating that this information is incorrect but rather the earnings are just one factor in the equation of well-being. It is a fact that back in 2000 college graduates were earning 60% more but was only enjoying 37%-43%. In 1980 through 2000 the increase in advantage was 20% but in actuality when housing cost were factored in they were between 8%-10%. Moretti's conclusion is two possible explanations. One is an assumption that high-skilled workers are more productive in these cities, so job opportunities are attracting college grads. Two, is an assumption that college grads are attracted by amenities and there presence in these cities are driving up rent. Education may not have a big chunk of spending as it states in Bureau of Labor and Statistics but it sure does have its nonmonetary satisfaction that economist forget to measure. This article makes me think how is the Bureau of Labor and Statistic getting their information? Also should there be an update on how they collect their data? This article makes sense and it has some reliable sources but the data is pretty old. The 2007 data could have already been updated since we are in 2014. Ok, so I googled "education pays" and it is only updated to 2012 the change has not been that much of a difference, but maybe by a few dollars. This also has me thinking how often to they update their data? since we are in 2014 and they only have 2012. Is there not many BLS workers to collect data? or do they wait until there is a change in the minimum wage amount so they can recalculate there data? just some food for thought on my end. This article can be an interesting topic for the working class to acknowledge. It is very informative and an eye opener. On one end one may have to take into consideration how people collect there data and if they are accurate enough. On the other hand one may be able to view their own possible success if they further their career. In many cases though survey's would have to be done as frequent as things change or are updated. I personally enjoy websites like this even though I know that the survey's would also have to include the place of living like for example the income & expense of a Doctor in a city versus the income & expense of a Doctor in a town. Things of that nature are very important. My question to you is How do you view the importance of these kinds of survey's?