Those with degrees still earn more than high-school graduates and dropouts, according to the US Census Bureau.
By Kim Peterson
The tough economy and high cost of tuition have some teens and their parents questioning the value of a college education. Is it worth it to incur that kind of debt? Is the payoff still there?
The answer seems to be yes. New numbers from the U.S. Census Bureau show that college-educated Americans earned about $11,749 in the last three months of 2011, according to The Wall Street Journal. Those with a post-graduate degree earned a median $15,733 in the same period.
The average high-school dropout, however, earned only $4,026.
And those with college educations were more likely to have jobs. College-educated Americans have an unemployment rate of 3.8%. Compare that with a rate of 7.9% for high-school grads and 11.2% for high-school dropouts, the Journal reports.
Still, these numbers haven't stopped a broad anti-college movement from gaining momentum. Consider the likes of UnCollege, a group that encourages people to find alternatives to college. "You can contribute to society without necessarily having a university degree," the group says on its website.
The answer seems to be yes. New numbers from the U.S. Census Bureau show that college-educated Americans earned about $11,749 in the last three months of 2011, according to The Wall Street Journal. Those with a post-graduate degree earned a median $15,733 in the same period.
The average high-school dropout, however, earned only $4,026.
And those with college educations were more likely to have jobs. College-educated Americans have an unemployment rate of 3.8%. Compare that with a rate of 7.9% for high-school grads and 11.2% for high-school dropouts, the Journal reports.
Still, these numbers haven't stopped a broad anti-college movement from gaining momentum. Consider the likes of UnCollege, a group that encourages people to find alternatives to college. "You can contribute to society without necessarily having a university degree," the group says on its website.
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