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College May Not Be Worth It Anymore (LOGOS (A third of them ages 25 to 29…
College May Not Be Worth It Anymore
ETHOS
Does higher education itself offer that benefit, or are the people who earn bachelor’s degrees already positioned to get higher-paying jobs?
LOGOS
A third of them ages 25 to 29 now hold at least a bachelor’s degree,
Americans owed more than $1.3 trillion in student loans, more than two and a half times what they owed a decade earlier.
25 percent of college graduates now earn no more than does the average high school graduat
about 40 percent of all who attend — earn only a bit more than do people with only a high school education: $38,376 a year versus $35,256.
“economic imperative that every family in America has to be able to afford.”
Dynamics, which includes 50 years of interviews with 18,000 Americans
According to the Bureau of Labor Statistics, fewer than 20 percent of American jobs actually require a bachelor’s degree. By 2026, the bureau estimates that this proportion will rise, but only to 25 percent.
one earned 162 percent more over their careers than those who didn’t
Nearly 30 percent of Americans without a high school diploma live in poverty, compared to 5 percent with a college degree, and we infer that this comes from a lack of education. But in 28 other wealthy developed countries, a lack of a high school diploma increases the probability of poverty by less than 5 percent
“degree bonus”
“Individuals from poorer backgrounds may be encountering a glass ceiling that even a bachelor’s degree does not break.”
“uneducated”
Pathos:
In 2012, President Barack Obama called a college degree an
According to the Bureau of Labor Statistics
economists Tim Bartik and Brad Hershbein.
[Read the Op-Ed from Tim Bartik and Brad Hershbein on the value of a degree, “College Does Help the Poor.”]
CLAIM
Recent decades have brought agreement that higher education is, if not a cure, then at least a protection against underemployment and the inequality it engenders