Should everyone go to college?

Not all college degrees or all college graduates are created equal, according to a new Brookings Institution brief.

On average, the benefits of a college degree outweigh their costs. However, in “Should Everyone Go to College?” Brookings senior fellow Isabel Sawhill and Stephanie Owen argue that it is important to compare the return on investment (ROI) by other variables, such as choice of major and college selectivity, in order to better assess whether or not a four-year degree will significantly improve a student’s future earnings.

“There is enormous variation in the so-called return to education depending on factors such as institution attended, field of study, whether a student graduates, and post-graduation occupation,” say the brief’s authors.…Read More

Earnings tied to major, degrees

Later this summer, as millions of students around the country return to college, many will question the value of their investment, reports the Huffington Post. But according to a report released earlier today, both parents and students can rest assured: College is still worth it, and perhaps never more so than in a weak economic climate. Georgetown University’s Center on Education and the Workforce released the study, titled “The College Payoff.” It found that earnings increase with education and that higher levels of educational attainment will almost always yield the greatest financial rewards…

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