Monday, 9th April 2012
College Degrees: Why Aren't More People Making the Investment?
Source: Federal Reserve System, Federal Reserve Bank of St. Louis
From the article:
Even though a greater percentage of high school graduates enter college today than 30 years ago, this rise has not been met by a proportional increase in completion rates. In the past few years, college graduation rates actually have fallen as a consequence of increasing college dropout rates. This begs the question: If the benefits to education appear to be so high, why don't more people seek a college degree?
Economists and policymakers have been particularly interested in trying to explain this phenomenon. Some possible factors that have been considered are: higher tuition costs, changes in assistance programs, fear of failure, earnings risk and, more recently, the recession and financial crisis.
In: The Regional Economist, April 2012
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By Peggy Garvin
Peggy Garvin, of Garvin Information Consulting, is the author of United States Government Internet Directory (Bernan Press) and Real World Research Skills, 2009 (TheCapitol.Net). In her 20 years in the information business, Peggy has managed electronic information products and services in a variety of environments, including commercial publishing, e-commerce, law firms, and the Congressional Research Service of the Library of Congress. Peggy's work has been recognized with the 2011 SLA Dow Jones Leadership Award. She has a Masters of Library Science degree from Syracuse University School of Information Studies.
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