It is well established that, on average, people with college degrees earn quite a bit more over the course of their careers than do those without. That earnings premium is one of higher education’s major selling points. A slew of studies—especially recently—have sought to quantify the return on investment, examining annual or lifetime earnings by attainment level or subject studied.
Image: Courtesy Douglas Webber The earnings premium for college graduates is well established, but a degree isn't the only difference between graduates and others. Douglas Webber, an assistant professor of economics at Temple U., delves into other factors that matter.
To read the original article: Smart People Go to College, and Other Twists in Measuring the Value of a Degree - Students - The Chronicle of Higher Education