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Politics : View from the Center and Left
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To: TimF who wrote (10079)1/27/2006 4:07:56 PM
From: neolib  Read Replies (1) of 541785
 
The fact that they look at your salary does not make you salary an asset.

The current and projected income stream of a publicly traded corporation is the primary determinant of its stock price, which is surely considered an asset by those who own it.

So... if you look at a P/E ratio of 15 say, then a HS grad looking at:

1) Getting a low paying job at $16K/year could roughly consider himself to have $240K in his own stock.

2) But if he went to college and started out at $45K he would have $676K in his own stock,

3) or he might press on to a professional degree with $150K/year and $2,250K in his own stock.

Viewed in this way, and as near as I can tell, there is no reason not to, this could be an important factor in encouraging young people on their educational options.

Take it a step further, and actually set up a stock exchange for that purpose...
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