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http://chronicle.com/article/Adults-With-College-Degrees-in/125995/?sid=at&utm_source=at&utm_medium=en

troyt said...

If 27.5% of adults have a college degree, aren't we overvaluing what a college degree is worth? A college degree was worth more financially in the 40s than it is now. But colleges don't want to talk about college degrees being overvalued. Paying college tuition was once seen as an investment. Now, students are graduating college with so much debt that there is no way they'll ever be able to pay off student loans before they retire.

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PeakTrader said...

Troyt, the cost of not getting an education may be higher:

High School Dropouts Costly for American Economy
May 28, 2010

"High school dropouts earn about $10 thousand less a year than workers with diplomas... They're more likely to be unemployed: 15 percent are out of work versus a national average of 9.4 percent.

...worse in big cities. Almost half of all students in the country's 50 largest school districts fail to get a high school diploma..."You have high schools in Los Angeles that send more kids to prison, than they graduate from college.""

My comment: Government should set priorities. I noticed when government gets involved in too many things, e.g. in California, people work harder for a lower standard of living, and even people who don't work are seeing their living standards decline. In Colorado, people don't have to work that hard for a higher standard of living.

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