According to payscale.com, the average salary for a 2015-2016 graduating Economics major is $52,100, whereas the average Accounting major will make $46,900. Suppose you graduate when you are 22 and will retire when you are 67 (the standard retirement age for college graduates in the United States, about 45 years of work). Assuming your wages do not grow over time, ignoring inflation, and we discount the future at 3.0 percent, what would be the present value of the lifetime income for each major? What would probably change these values "in real life"?