Is College a Waste of Money?
Several new studies found that an American college education may not be worth the money. The Pew Research Foundation polled 2,142 adults and about what they think of higher education and its hefty price tag.
Pew found:
- More than half (57 percent) of Americans polled said that a college education isn’t worth the money.
- A large majority (75 percent) said that a college education is unaffordable.
On the other hand, the majority of Americans still believe that a higher education is important, as further research showed:
- Ninety-four percent of parents said they want, and expect, their children to go to college.
- Eighty-six percent of graduates said their degree was a good investment.
