02.02.10

College degree only worth USD 250.000 during lifetime

Posted in Education at 7:32 pm by admin

According to the College bord and other nonprofit organizations a college degree would lead to $800k to $1million more in lifetime earnings over high-school graduates.

However… now with high tuitions costs and other mysterious calculation lead a few researchers to call it “a million dollar misunderstanding”.

The calculation apparently did not take into account deductions from taxes or breaks in employment. Nor did it put into the equation the student loans and the interest rates of those.

So….overall people estimate that college grads make about $250k to $300k more in revenues a year.

Oh well..the entire WSJ article goes even more into detail, but is certainly interesting.  However, let’s hope people still will try to finish college.