2-Year Degree's Value? For a Few, Less Than High School, Report Says

Over all, community colleges deliver a negative return on investment to taxpayers, and 15 percent of them produce graduates who earn less than if they had never enrolled, according to a controversial report being released on Thursday.

The report, "What's the Value of an Associate's Degree? The Return on Investment for Graduates and Taxpayers," attempts to quantify the costs and benefits of two-year degrees by institution, both to individuals and to the taxpayers who subsidize their