Is it still worth going to college?
Earning a four-year college degree remains a worthwhile investment for the average student. Data from U.S. workers show that the benefits of college in terms of higher earnings far outweigh the costs of a degree, measured as tuition plus wages lost while attending school. The average college graduate paying annual tuition of about $20,000 can recoup the costs of schooling by age 40. After that, the difference between earnings continues such that the average college graduate earns over $800,000 more than the average high school graduate by retirement age.
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- Stacy Dale & Alan B. Krueger, 2011.
"Estimating the Return to College Selectivity over the Career Using Administrative Earning Data,"
1297, Princeton University, Department of Economics, Industrial Relations Section..
- Stacy Dale & Alan B. Krueger, 2011. "Estimating the Return to College Selectivity over the Career Using Administrative Earnings Data," NBER Working Papers 17159, National Bureau of Economic Research, Inc.
- Dale, Stacy & Krueger, Alan B., 2011. "Estimating the Return to College Selectivity over the Career Using Administrative Earning Data," IZA Discussion Papers 5533, Institute for the Study of Labor (IZA).
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- Stacy Dale & Alan B. Krueger, 2011. "Estimating the Return to College Selectivity Over the Career Using Administrative Earning Data," Mathematica Policy Research Reports d76ec29a0bbb4b1bb9d285b5a, Mathematica Policy Research.
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