Committee Report Confirms College is Still Well Worth the Cost

“A report released this morning by the Committee on Education and Labor reveals that a college degree is still well worth the cost. The report, titled “Don’t Stop Believin’ (in the value of a college degree)” collects the mountain of evidence showing that – despite the recent skepticism regarding the value of a college – researchers have consistently found that the benefits of a college degree significantly outweigh the costs. The key takeaways of the report are: College degrees yield a large return for individuals: bachelor’s and associate’s degree holders earn up to $1 million and $400,000 more than high school graduates over their lives, respectively. College is a worthy investment for state governments: for every $1 states invest in higher education, they receive up to $4.50 back in increased tax revenue and lower reliance on government assistance. College graduates play a key role in strengthening the American economy.…

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