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• The value of a college education

  Posted Feb 04 2008, 05:32 AM by Karen Datko
  Filed under: college, debt, spending, Get Rich Slowly
  Money Blog: Smart Spending Blog - MSN Money

  This post comes from J.D. Roth at partner blog Get Rich Slowly.

  I've been thinking lately about the value of a college education. I earned a B.A. in psychology from Willamette University in 1991 (with a minor in English literature, and almost another minor in speech communications). What have I done with this degree? Almost nothing. Yet I do not regret the money and years I spent working to earn it.

  Does earning a college degree make a difference in your future? Absolutely. The facts are striking. On average, those who have a college degree earn almost twice as much as those who do not. According to the U.S. Census Bureau: 

  Adults with advanced degrees earn four times more than those with less than a high school diploma. Workers 18 and older with a master's, professional or doctoral degree earned an average of $82,320 in 2006, while those with less than a high school diploma earned $20,873.   Read More...

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