Study: College Is Worth the Money

According to a new study from the Federal Reserve Bank of New York, despite national concerns about soaring student debt numbers, a college education is still worth the money. In their research, economists Jaison R. Abel and Richard Deitz determined that an individual who had a college degree could expect to make $1.2 million more from ages 22-64, than their peers who have just a high school diploma. The report also noted an increase in career earnings for students who had associates degrees compared to those who stopped school after completing high school. The team found that even employees of jobs that don’t require a college degree, will end up making more having completed a high education program than co-workers who did not …