Those who doubt the value of a college degree may want to think again. New research has found that individuals with a four-year degree make an average of $215,000 more than a high school graduate over the span of 20 years.
Individuals with a graduate degree can expect to see $440,000 more than nongraduates during the same time span. The researchers note that the real benefit of a college degree is not seen in the short term since many graduates will start their careers at the same financial level as nongraduates. Instead, the researchers say the real gains occur after time when salaries can grow exponentially for graduates. Read more...
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