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Is College Even Worth it? Paige Chapman-Layland Blog I know, I know…the news from the last two years of college admissions is dreary, to say the least. Almost everyone thinks about jumping off the academic train at some point, and, in light of Colldge pandemic, for many that time is now. A Huffpost article from suggests that… if you examine whether college is worth it from a purely statistical standpoint, Is College Worth It? answer is yes.
Cost of a College Education
However, majors make a difference. Almost all of the highest-paying college majors are in engineering, with petroleum engineering ranking No. But lifetime earnings are just one piece of a pretty complicated puzzle. Your child should consider whether getting into debt in pursuit of a higher-paying job is worth putting off major life goals such as getting married or buying a home.
According to a survey, 45 percent of Americans with student loan debt delayed these types of milestones because of the added financial burden. High school grads are sometimes able to make up for the lack of a college degree with work experience, depending on the field.
Advantages To College
The U. And people with only a high school diploma generally have the benefit of a four-year head start in the workforce. Georgetown University found in that of the Overall, college grads have the lowest unemployment rates.
Wage stagnation is also affecting the working class particularly hard. Earnings have remained flat over the last two years while inflation has grown to 2.]
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