It’s not just for Dr. Evil; almost everyone would gladly have a million dollars—just ask the person next to you. According to a recent study at Georgetown University, though, it’s also about how much a college degree is worth over the course of your life, with bachelor’s degree holders making about 85% more than those who have only graduated high school. That’s almost double! What’s more, a college degree also made a huge difference for workers during this last recession as the one section of the workforce to gain jobs during the recession and the recovery.
From our YouTube series on education topics, Emma Gutierrez gives a great overview of Education and earning power in this video.
Of course, there are differences by what kind of post-high school degree you hold, and what major you choose. Even with these considerations, the overarching message is still largely that a college education does more than pay for itself.
See our Community discussion on Is student loan debt good debt?
What do you think your degree will be worth? What are your reasons for attending college?