The Economic value of Higher education

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There is considerable support for the nation that rate of return on investment in higher education is high enough to warrant the financial burden associated with pursuing a college degree . Though the earnings differential between college and high school graduates. According to the census bureau order an adult's working life , high school graduates earn an average of $1.2 million; associate's degree holders earn about 1.6$ million ; and bachelor's degree holders earn $2.1 Million.

These sizable differences in lifetime earning put the cost of college study in realistic perspective. Most students today about 80 per of all students--- enroll either in public four year colleges or public two year colleges. According to U.S Department of education report, think college early , a full time student at a public two-year college pays an average of $10, 655 per year in tuition or more.for in-state tuition , room and board.

These statistics support the contention that, through the cost of higher education is significant, given the earnings disparity that exist between those who earn a bachelor's degrees and those who dont ,the individual rate on investment in higher education is sufficiently high to warrant the cost.

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The Economic value of Higher education | Ecency