Return on Investment

Does it seem unrealistic to shell out thousands of dollars on higher education? According to CNN Money, attending college is an investment. In a detailed study, the College Board analyzed the lifetime earnings of individuals who achieved a college education. The study discovered there’s a serious earning disparity between people with a college education and those without.

As of 2005, women who achieved a bachelor’s degree earned 70 percent more then non-college counter-parts. This is up from 45 percent when the study was conducted in 1985. Men are earning 63 percent higher wages then non-college counterparts, up 37 percent since 1985.

As you can imagine, this income gap seriously adds up over time. Over a lifetime, college graduates can expect to earn one million dollars more then individuals with a high school education. When you compare this amount to the initial investment, it’s worthwhile.

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