Per Market Watch
A new report by the Institute for Higher Education Policy showed data revealing 83% of colleges didn't provide the 'minimum economic return threshold.' Should this be true, this could point towards how post-second education could be more worthy.
The IHEP report looked at 507 different US schools and found that the average student didn't earn as much as "the typical high school graduate in their state." IHEP vice president of research and policy, Diane Cheng, gave a statement regarding the supposed expectation.
Cheng: “We should expect at a minimum that colleges are not leaving students worse off than had they not attended,”
The research was also conducted with the assumption that a student would need to borrow money for the payments, including 10 years of interest. Hope Center at Temple University's director of policy and advocacy, Mark Huelsman, gave a statement regarding the situation.
Huelsman: “It’s important to pay attention to whether families are able to build wealth, whether borrowers are happy in their lives, whether they feel like they can start a family, whether they can make the economic and other choices we would want them to make based on going to college and hopefully finishing,”
While college students expect to earn $103,880 in their first job, according to another report, yet another one says 25% of college graduates didn't make more than the typical high school graduate.
See flow at unusualwhales.com/flow.
Other News:
- College students expect to earn $103,880 in their first job
- 25% of college graduates don’t make more than the typical high school grad
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