Study: Despite cost, college degree a good investment

Study: Despite cost, college degree a good investment


THE COST OF A COLLEGE DEGREE HAS RISEN SIGNIFICANTLY OVER THE LAST SEVERAL DECADES — AND IT KEEP RISING. KANSAS’ TWO MAJOR UNIVERSITIES ARE AGAIN ASKING THE BOARD OF REGENTS TO HIKE TUITION. FULL TIME STUDENTS AT K- STATE AND K-U CAN EXPECT TO PAY — AROUND 10- THOUSAND DOLLARS OR MORE — EACH YEAR FOR TUITION, FEES AND BOOKS ALONE. AND NATIONALLY — THE COST IS MUCH HIGHER. SO WITH THE HIGH PRICE TAG — SOME PEOPLE ARE ASKING THEMSELVES IF COLLEGE IS A GOOD INVESTMENT. A NEW STUDY SAYS — IT DOES PAY OFF FOR MOST STUDENTS. ACCORDING TO NEW RESEARCH RELEASED BY THE “FEDERAL RESERVE BANK OF NEW YORK.” — ON AVERAGE — PEOPLE WITH A BACHELOR’S DEGREE EARN 30- THOUSAND DOLLARS MORE THAN PEOPLE WHO ONLY HAVE A HIGH SCHOOL DIPLOMA. COLLEGE GRADAUTES SEE A 14-PERCENT RETURN ON THEIR INVESTMENT.. THAT OUTPERFORMS TRADITIONAL INVESTMENTS LIKE STOCKS AND BONDS.. THE STUDY FINDS. THERE ARE SOME CAVETS.. . THE STUDY ASSUMES PEOPLE FINISH IN FOUR YEARS… THEY SAY TAKING LONGER THAN THAT — GREATLY REDUCES THE RETURN. BUT AT THE END OF THE DAY… THE CHOICE IS UP TO EACH INDIVIDUAL PERSON.THE AUTHORS ARE ALSO QUICK TO POINT OUT THAT THESE ARE “BACK OF THE ENVELOPE” CALCLUATIONS — SO THERE ARE OBVIOUSLY a lot OF VARIABLES. WE HAVE POSTED THE STUDY IN ITS ENTIRETY AT KSNT DOT COM.

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