We're all familiar with the numbers -- many elite colleges now cost over $55,000 a year; the University of California raised tuition 21% last year; the average college student graduates with will over $20,000 in debt (and worse yet are all those students who invest tens of thousands and never graduate); many college graduates end up with jobs that don't require a college degree; and on and on.
Does all of this data suggest that high school students might be better off not going to college?
The answer, as with most things, is a resounding "it depends." Knowledge@Wharton just published a new article exploring some of the complexities of the issue. If you want a little food for thought, check out the article here: Is Going to College Worth the Investment?
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