Archive for September 30, 2013
According to the College Board, the unemployment rate for someone without a college degree is 10.3%, and 14.9% if you did not graduate high school at all. From a young age we are impressed with the importance of a college education. I remember asking my parents in middle school why I needed good grades, and the answer was so that I could one day get into college and get a degree.
But what is the value of college education these days? College education statistics routinely show that those who go to college make more than those who do not. The College Board reports that those with a high school degree make on average $32,000. Those with a bachelors degree make on average $53,000.
The truth is, the value of a college education is going to vary from person to person.
- It is as valuable as what