Though Tuition is Rising, Value of Education is Rising To

Despite wage declines in entry-level jobs and steep increases in tuition, college is still a good investment in the U.S.: The earnings premium for a college degree relative to a high school degree has nearly doubled in the past three decades, say Christopher Avery of Harvard University and Sarah Turner of the University of Virginia. Government statistics show that the jobless rate is 4.4% for college grads and 7.6% for people who attended college but didn’t achieve bachelors degrees.

 

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