September 4, 2014
“Education Is Worth the Investment”
There is no greater financial investment in one’s future than a college degree.
While this viewpoint has its critics, the reality is the value of a degree has never been greater.
Despite public questions about a degree’s worth, the pay gap between college graduates and those without a degree reached a high in 2013, even with the slow recovery from the most severe recession in seventy-five years.
According to new data, based on an analysis of Labor Department statistics by the Economic Policy Institute, Americans with four-year college degrees are not only equipped for a fulfilling adult and professional life but made 98 percent more an hour on average than those without a degree. And, the wage gap is only increasing, up from 89 percent five years ago, 85 percent a decade earlier, and 64 percent in the early 1980s.
College graduates are also more likely to be employed full-time than their less-educated counterparts, and are less likely to be unemployed, 4 percent versus 12 percent, according to a survey by the Pew Research Center…Making the Case, Research