If you have a high school degree, you’re better off; if you’ve started some college, you’re doing better; and if you have a college degree, you’re doing the best of all. So, that’s the proof in the pudding: The more education you have, the better off you are.
Now, on the other hand, one thing that’s surprising to many people is that the percentage of the population that has a college degree has been relatively stable in the 30% range. Right now, it’s at 38%. It hasn’t gone up drastically. And there is a huge part of the population that could probably use yet more college education. Putting these two together, college absolutely pays. And we need to get more people into college because it’s not as big of a percentage as what it really could be.
Chosen excerpts by Job Market Monitor. Read the whole story at Unemployment by Education Level: A Drastic Gap.
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