What if I told you there was one economic activity that is a silver bullet for income inequality?

It is an equalizer, that's really important.

And it's not just income.

The monetary returns are really important, but that's just a tip of the iceberg.

Just about any economist you talk to, they all come around to that same word.

Incredibly important.

Very important.

It's immensely important.

Can you guess the economic activity I'm talking about?

Here's a hint.

You learn more in those four years than you do at any other point in your life.

Yes, the activity we're talking about is college.

You probably don't need to be told that going to college is important.

Given the demographics of the Frekenomics Radio audience, it is likely that you have

a college degree, at least one, or you're working on one.

Despite the cost in time and dollars, our economist friends see college as one of the best

investments possible, an investment for yourself.

If you can get yourself a college degree, your lifetime earnings are going to be significantly

higher.

You're going to have better health insurance.

You're going to be more satisfied with your job.

And a good investment for society.

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