Earlier quoted context omitted.
The analysis is harder than that. I would imagine education degrees are not particularly versatile: they’re meant to train you to become a teacher, more or less. Given that, it is not particularly surprising that teaching is one of the better-paying options once you commit to that pathway. However, there are plenty of other, career tracks: potential teachers might become accountants or engineers instead. Zooming in a…
I would say it’s the opposite. Vacation time has more incremental value the longer it goes on. Even a 2 week vacation I’d have trouble fully unwinding from. An entire summer, you can truly have some quality time to yourself to recharge, focus on a hobby, travel a lot, etc. I would say those summers off are easily worth $100k.
Taking things to an obviously absurd extreme, being unemployed is clearly not worth $400k/year: people work for far, far less.
As you say, longer blocks of vacation time definitely open up new possibilities, but perhaps there’s an inflection point: an 11-week trip seems like it’d be very nearly the same as a 10 week one.
Things get weird when much of the total comp is in benefits. For example, if your cash salary is $50k, that limits what you can do with your $100k “worth” of vacation.