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Why should my student go to college?

A college education is worth more today.

There’s a wider earnings gap between college-educated and less-educated Millennials (born in 1981 or later) compared with previous generations.

College benefits go beyond earnings.

In addition to earning more, college-educated Millennials also have lower unemployment and poverty rates than their less-educated peers. They’re also more likely to be married and less likely to be living in their parent’s home.

College grads are more satisfied with their jobs.

College-educated Millennials are more likely to see themselves on a career path, rather than just working at a job to get them by.

College-educated adults are more likely than others to be upper income

See December 2015 research results from the Pew Research Center.

The cost of not going to college has risen.

Millennials with just a high school diploma are faring worse today than their counterparts in earlier generations by almost every economic measure examined.

College grads say college is worth it.

About nine-in-ten college grads in every generation say college has been, or will be, worth the investment. Despite a steep rise in college tuitions, Millennials agree.

 

Source

Andrea Caumont. “6 key findings about going to college.” Pew Research Center, Washington, D.C. (February 11, 2014)

Updated February 03, 2016