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Is a college degree still worth the investment?
Graduates Typically Enjoy Higher Pay A college degree can be very expensive, but in many cases, the investment is worthwhile. A bachelor’s degree holder typically makes an average of $32,000 a year more than someone with only a high school diploma.
Is a four year college degree worth it?
College Graduates Earn More Than Non-Graduates Despite the rising cost of post-secondary education, a college degree still pays off for the majority of graduates. On average, those with a bachelor’s degree earn significantly more than their peers with only a high school diploma.
Why is it still a smart investment to go to college?
Quality of Life. If you have a bachelor’s degree, you’re 47\% more likely to have health insurance through your job—and your employer will contribute 74\% more to your health care. Studies suggest that those who attend at least some college could live seven years longer than those with no post-high school education.
Is a four-year degree worth the cost?
Those most likely to say that a four-year degree is not worth the cost include rural dwellers (66 percent), white working class Americans (65 percent) and those with only some college (58 percent) or only a high school education or less (55 percent).
Is a college degree a good investment?
Those most likely to call higher education a good investment include those with a college degree (61 percent) or a postgraduate degree (66 percent), high income earners (60 percent), and non-whites. (56 percent). The data also show a gender gap in views of the value of a four-year degree.
Do the benefits of a college degree outweigh the costs?
Data from U.S. workers show that the benefits of college in terms of higher earnings far outweigh the costs of a degree, measured as tuition plus wages lost while attending school. The average college graduate paying annual tuition of about $20,000 can recoup the costs of schooling by age 40.
Is College still worth it?
The data show college graduates outearn their high school counterparts as much as in past decades. Comparing the earnings benefits of college with the costs of attending a four-year program, we find that college is still worth it.