As College Costs Rise, so does the Cost of NOT Going to College

This according to a research study by the Pew Charitable Trusts:

On virtually every measure of economic well-being and career attainment—from personal earnings tolearning3 job satisfaction to the share employed full time—young college graduates are outperforming their peers with less education. And when today’s young adults are compared with previous generations, the disparity in economic outcomes between college graduates and those with a high school diploma or less formal schooling has never been greater in the modern era. . .

. . . .For example, among those ages 25 to 32, fully 22% with only a high school diploma are living in poverty, compared with 6% of today’s college-educated young adults. In contrast, only 7% of Baby Boomers who had only a high school diploma were in poverty in 1979 when they were in their late 20s and early 30s.

The full report is here.

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