There's little doubt that a post-secondary education leads to better earnings in the long-term. However, many question if these earnings are enough to overcome the costs of a college degree. Two economists at the Federal Reserve Bank of New York have a simple answer to the question, 'Is college worth it?' That answer is yes. In fact, both bachelor's and associate's degrees carry an average return on investment of roughly 15 percent, even in today's uncertain economy. Read the full article here.
"College in today's economy is like sunscreen on a scorchingly hot afternoon: You have to see the people who didn’t apply it to fully appreciate how important it is. The same way a blistering sun both makes sunscreen feel ineffective and makes it more crucial than ever, recessions can both make a college degree seem ineffective and make it more important than ever." --Derek Thompson, The Atlantic Read the full article here.