A college education is a terrible investment for the average person in today’s economy. The money and (more importantly) the time spent would be much better utilized to obtain the same human capital and signaling power at a cheaper monetary cost and a faster rate than those at which universities are willing to provide.
Depends a ton on where you go and what you major in. PayScale has a ranking of a ton of colleges based on their 20-year average incomes compared to 24 years of average income for people with a high-school degree. There probably are some special cases at the tails that would benefit more from not going to college, but for the average college-goer, it is still probably a halfway decent investment.
A college education is a terrible investment for the average person in today’s economy. The money and (more importantly) the time spent would be much better utilized to obtain the same human capital and signaling power at a cheaper monetary cost and a faster rate than those at which universities are willing to provide.
How?
Depends a ton on where you go and what you major in. PayScale has a ranking of a ton of colleges based on their 20-year average incomes compared to 24 years of average income for people with a high-school degree. There probably are some special cases at the tails that would benefit more from not going to college, but for the average college-goer, it is still probably a halfway decent investment.
Doesn’t it tell you whether it was worth going to college 20 years ago?