Thursday, June 1, 2023

Over half of adults say the financial benefits of attending college outweigh its costs -Natalie Schwartz, Higher Ed Dive

Just over half of adults who attended college said the lifetime financial benefits of their higher education outweigh the costs, according to an annual survey on U.S. financial well-being from the Federal Reserve. Around one-fifth of adults suggested higher education wasn’t worth the costs, while the remainder said the associated benefits and the expenses were about the same. These assessments depended on several factors, including where adults attended college, whether they completed their programs and whether they have outstanding student loans.