Roughly 25% of those with bachelor’s degrees in the US derive no economic benefit from their diplomas.
That’s the takeaway from analysts at the Federal Reserve Bank of New York. The same analysts have argued in the past that the benefits of a college degree, on average, still outweigh the costs. (Other Fed studies have suggested that, on average, those with bachelor’s degrees earn $800,000 more than people who finished only secondary school.) And while median earnings of college students typically remain between 60% and 70% higher than those with high school diplomas, there’s still a surprisingly large chunk of students who don’t do any better than those who never went to four-year schools.
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