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A college degree's declining value is even more pronounced for younger Americans. According to data collected by the College Board, for those in the 25–34 age range, the differential between college graduate and high school graduate earnings fell 11% for men, to $18,303 from $20,623. The decline for women was an extraordinary 19.7%, to ...
The cost of college has increased at a rate that far outpaces inflation, with data showing that prices have surged by 135% from 1963 to 2021 across all types of schools. Few people can cover the ...
Private schools are typically much higher, although prices vary widely from "no-frills" private schools to highly specialized technical institutes. In 2023–2024 school year, private schools had an average list price of $41,540 for tuition and fees. [7]
Source: Payscale Pros of going to trade school It’s more affordable. According to College Board’s latest report, the average in-state student at four-year public colleges spends $28,840 a year ...
In 2011, the Project on Student Debt reported that approximately two thirds of students who graduated with bachelor's degrees from four-year nonprofit universities had taken out student loans, with an average debt of $25,250, an overall rise of five percent from 2009. [52] In 2010, student loan debt surpassed credit card debt. [53]
Over the last 30 years, tuition has increased 1,120 percent; by comparison, even the "skyrocketing" cost of health care only rose 600 percent, and housing costs have gone up a paltry 375 percent ...
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A US Department of Education longitudinal survey of 15,000 high school students in 2002 and 2012, found that 84% of the 27-year-old students had some college education, but only 34% achieved a bachelor's degree or higher; 79% owe some money for college and 55% owe more than $10,000; college dropouts were three times more likely to be unemployed ...