Sabino dropped out of school when he was 17 and started working for a construction company. He earns $11.89 per hour working 40 hours per week. Last year he earned $24,255. Now he wants to earn his GED so he can go to college and become a construction manager, which requires a bachelor’s degree. His potential job earnings are $72,500. If Sabino does not return to school and continues working as a construction laborer until age 65, which of the following is true?

His lifetime earnings will be more because he will work longer at one job.
His lifetime earnings will be more because he will work longer at one job.

His lifetime earnings as a laborer will be about 40% of his earnings as a manager.
His lifetime earnings as a laborer will be about 40% of his earnings as a manager.

His lifetime earnings will be no different if he does not return to school.
His lifetime earnings will be no different if he does not return to school.

His lifetime earnings as a laborer will be more than 50% of his earnings as a manager.