Is university worth it?
The pay gap between college graduates and everyone else rose to a record high last year in the United States, a blog in the New York Times says. It cites new data showing people in the US with a four-year college degree made 98% more an hour on average in 2013 than people without a degree. However, contrary research, including a paper referenced here finds university does not always pay off.
A "social experiment for good" made headlines after a mystery benefactor lead social media users on a treasure hunt for hidden money in San Francisco and San Jose, the BBC writes. The Twitter handle @HiddenCash apparently gave away $5,000 (£3,000). It is reminiscent of Give Mondays in the United Kingdom, blogged about on eZonomics.
Making the right choice
Why do investors sometimes find it easier to hang on to a continually declining stock rather than sell it? The sunk cost fallacy can be a factor, a blog in Psychology Today says. The blogger puts a positive spin on this thinking trap, saying it can increase the chances someone sticks to their decisions.