Academic First Year Experiences

New Analysis Says College Is (Surprise!) Still Worth the Cost

July 17, 2014

Green dollar sigh with plus symbol.

The Chronicle of Higher Education says that "an analysis released on Wednesday by the Federal Reserve Bank of Cleveland comes to a familiar conclusion about the value of a college education: While earning a degree saddles many people with student-loan debt, it still pays off in the long run. Among the evidence cited by the researchers, Daniel Carroll and Amy Higgins, is the advantage in earnings enjoyed by those with college degrees. The report also notes that students who attend college but do not earn degrees get little to no earnings advantage over those who never attended."  Source: https://www.chronicle.com/page/blogs