UNIVERSITY offers more than the chance to indulge in a few years of debauchery. A new report from the OECD, a rich country think-tank, attempts to measure how much more graduates can expect to earn compared with those who seek jobs without having a degree. In America the lifetime gross earnings of male graduates are, on average, nearly $370,000 higher than those of non-graduates, comfortably repaying the pricey investment in a university education (female graduates earn an extra $229,000). In South Korea and Spain female graduates pull in a lot more than their male counterparts. In Turkey, although the additional wages are more modest, the difference between men and women is far less pronounced.

AP