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At the high end of the spectrum, assuming 1, 280 hrs of time to get a minor degree, that equates to 160 eight hour work days, i.e. 32 weeks of full-time work experience assuming 8 hour days Monday through Friday.
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The only thing less attractive to an employer than a 16-year-old with a crummy education, no experience and underdeveloped work habits is a 24-year-old with a crummy education, no experience and underdeveloped work habits.
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Work force input has been expensively upgraded: Public school teachers in 1983 had a median work experience of 13 years, up from 8 in the mid-1970s, and the proportion with a master's degree doubled in 20 years, to 53%.
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