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Yes, college is worth it


Education Policy | Brookings

Questions about the value of college have been raised due to media coverage and three main criticisms: the wage premium is not real, the wealth premium is disappearing, and the risk of investing in college has increased. However, college is still generally worth it, despite problems like high costs. College is an investment with benefits and costs, and evidence shows that the wage premium for college graduates is significant. While the wealth premium may not be immediately apparent, it becomes more evident as graduates progress in their careers. College also provides benefits beyond income, such as improved job prospects, healthier behaviors, and societal benefits. However, the high cost of college remains a major barrier to access, and efforts should be made to make it more affordable for lower- and middle-income students…

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