The unemployment rate for people with a bachelor’s degree is only about 3%, from which we can conclude that college graduates have a good chance of being employed. In 2013 the Economic Policy Institute in Washington gathered data which revealed that Americans with college degrees were payed approximately 98% more than those without degrees. Clearly, having a college degree can make a huge difference in your success. A paper by Mr. Autor goes as far as to say that in the long run college costs, “Negative $500,000”. This number was calculated by Christopher Avery and Sarah Turner, two economists. There point was that after you get your degree you will make back your money and then some. Although college is expensive, if you can afford a degree, it is worth it in the long
The unemployment rate for people with a bachelor’s degree is only about 3%, from which we can conclude that college graduates have a good chance of being employed. In 2013 the Economic Policy Institute in Washington gathered data which revealed that Americans with college degrees were payed approximately 98% more than those without degrees. Clearly, having a college degree can make a huge difference in your success. A paper by Mr. Autor goes as far as to say that in the long run college costs, “Negative $500,000”. This number was calculated by Christopher Avery and Sarah Turner, two economists. There point was that after you get your degree you will make back your money and then some. Although college is expensive, if you can afford a degree, it is worth it in the long