This implies that, if the cost of higher education is spread over the working life of the graduate, graduates of higher education must earn approximately Shs 3 million more per annum than workers with only secondary education.
Table 3 Median Monthly Salaries by level of Education of Worker, 2012/13 Education level Median Monthly Salary (Shillings) Secondary 160,000 Post-secondary specialisation 310,000 Degree and above 610,000 Source: Uganda National Household Survey 2012/13 table 4.7  The 2012/13 UNHS revealed that workers with a degree had median monthly earnings of Shs 610,000 which adjusting for inflation is equivalent to Shs 800,000 in 2017 prices (table 3).