Intersections

College education and student debt: Evaluating the investment

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Sinopsis

“…A lot of the conversation around college education is that tuition is increasing very rapidly, debt is increasing very rapidly and what does that mean for everyone? If we take a bigger step back we want to reframe the discussion around higher education as the potential investment available to people in our economy to help them be more productive in the labor market and to help them have better financial lives themselves.  So when we think about higher education, rather than focusing all on the costs like we have been doing with the focus on the narrative about tuition and debt, I think it is important that we kind of refocus and talk about what students are getting from their college degrees. Basically encouraging people to think about this as cost-benefit analysis as they would with any other financial activity in their life. -- Beth Akers “People who have higher levels of education are far more likely to start or own a business, create jobs in that way; they are far more likely to file a patent, and do ot