New Study says a college degree continues to be more valuable

An article published in the New York Times today shows that the value of having a college degree has risen dramatically since 1980 (for the 80's babies like me), and has even risen since 2010.

Here's a bit of the scoop of what David Leonhardt writes:

The pay of people with a four-year college degree has risen compared to that of those with a high school degree but no college credit. The relative pay of people who attended college without earning a four-year degree has stayed flat.

Importantly, the article also notes:

a bachelor’s degree does not guarantee success. But of course it doesn’t. Nothing guarantees success . . .

The article even goes on to criticize the discussions aimed to depress people from going to college.

The decision not to attend college for fear that it’s a bad deal is among the most economically irrational decisions anybody could make in 2014.

To read the whole thing yourself, see here:

Is College Worth It? Clearly, New Data Say

http://www.nytimes.com/2014/05/27/upshot/is-college-worth-it-clearly-new-data-say.html?smid=fb-share&_r=0