How much is college really worth?
A new US News and World Report article questions the million dollar value often given to a college education. However, it concludes:
Baum found that there are plenty of other rewards for a degree. The quality of the jobs college graduates get is far better, for example. College graduates are more likely to get jobs with health insurance. And it is easier for them to find and hold jobs. The unemployment rate for college graduates was just 2.2 percent last year, half the unemployment level of those with only high school diplomas.Read the whole thing at www.usnews.com/articles/education/2008/10/30/how-much-is-that-college-degree-really-worth.html?s_cid=et-1118
There are lots of other nonmonetary benefits as well. College graduates are healthier, contribute more to their communities, and raise kids who are better prepared academically, studies show.
Other researchers have found that the payoff of a degree is especially lucrative for students from low-income families, since the education and credential give them a chance to break out of low-paying careers.
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on Tuesday, November 18, 2008 at 4:23 PM.
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