It’s no secret that college is a huge investment in your future, and costs are rising at most colleges and universities. With the price so high and student loan debt increasing, it’s never been more important to be careful how you spend your college dollars. But which colleges pay off? Are 96% of U.S. colleges […]
With college being such a huge investment, it’s natural to question whether it’s worth the money–or whether you’re better off just working and saving thousands or hundreds of thousands on a degree.
Of course, the value of a college degree can vary depending on college, cost, major, and what the student actually does with the degree. Still, research backs up the claim that college is worth the investment.
This doesn’t mean you shouldn’t be smart about how you spend your college dollars, but these statistics clearly prove that getting your Bachelor’s degree is a smart investment in your future.
As we’ve written in the past, the high cost of college has many people questioning whether attending is worth all of the debt and time that could be spent working and making money. With the rise of MOOCs and other forms of online education, some have argued that a formal college education is no longer […]
Do you want to graduate from the school of your dreams without going thousands of dollars into debt? Start your degree at a community college, urges one University of Rochester graduate student. In an article he wrote for his college newspaper and in the video above, grad student Peter Thayer recommends that college freshmen drop out and […]
While salary shouldn’t be your only consideration when choosing a college major, it’s certainly something that you should take into account when deciding how much you can afford to invest in a college education.
If you know you’re planning on entering one of these lower-paying fields, it may not make financial sense to take out hundreds of thousands of dollars in student loans.
Of course, there are always exceptions to the rule. Just because a field has low starting salaries doesn’t mean there’s no room for growth. For example, Anthropology majors make an average of just $36,200 at the beginning of their careers, but jump to $61,400 by mid-career.
With college graduates entering a still-shaky economy, graduates’ salaries are becoming an increasingly important metric in the college ranking game. But is there too much of a focus on future pay and not enough on the quality of education colleges offer?
Many students and parents assume that attending an elite, well-known university is the key to a great career and future financial success. But that’s not always the case.
A recent study found that graduates of regional and second-tier colleges, on average, earn about the same as those who go to prestigious flagship universities. And surprisingly, it also confirms that students with associate’s degrees often out-earn bachelor’s degree-holders.
We sometimes hear from students and parents asking if college is even worth attending in today’s era of astronomical costs and a still sluggish-economy. For many, college is a great investment that pays off in the long run by giving students opportunities to enter certain career field and make more money over their lifetimes. But for some people, it’s not worth the cost because they choose the wrong school, never finish their degree, or end up paying too much.
Instead of asking whether college is worth it, Washington Monthly argues that students and families should be asking themselves, “What colleges will charge people like me the least and give me the highest chance of graduating with a degree that means something in the marketplace?” So they created a formula to help college students and families figure it out.
The cost of college has risen all over the country, and schools in our home of Western New York have not been an exception.
Check out this video from WGRZ to learn about the cost of higher education in the Western New York region and how President Obama will address the issue in his visit to the area later this week.
It’s no secret that finding a job as a college graduate is tougher than ever. This infographic explains some of the reasons it’s so difficult for young graduates to find good jobs and pay back their student loans.