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Benefits of Attending College Outpace Rising Costs, Report Says

Skeptics may be increasingly likely to question the value of a college degree, but the benefits of attending college are growing at a rate that outpaces spiraling tuition costs, says a report released on Friday by the Brookings Institution’s Hamilton Project. The report examines tuition increases based on calculations from the National Center for Education Statistics and earnings data from the U.S. Census Bureau. “Even if we assume that all students actually pay tuition at the published rates, the bottom line is this: While college may be 50 percent more expensive now than it was 30 years ago, the increase to lifetime earnings that a college degree brings is 75 percent higher,” the report says. It concludes that “college is still one of the best investments an individual can make.”

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