College tuition is high. Student loans can be crushing. Is higher education really worth all that money? Yes, especially in a recession, says a new report from the College Board, a Princeton, N.J., not-for-profit group that administers the SAT and other college-readiness programs. College graduates not only make more money than a high school graduate who hasn't attended college, they're more likely to be employed.I don't know. Should I be skeptical that the Collage Board which administers the SAT and other college-readiness programs finds that the cost of college is worth it? Wouldn't it cut into their bread and butter to tell the world otherwise? Still, something to consider:
Still, attending college usually means losing four years of earnings at a full-time job, and there are all those student loans to pay off.
"There are so many terrible stories of young people who graduate with six-figure debt, with a degree, in, say, social services, and their jobs will never be able to pay off that debt in any reasonable time period," says Robert Martin, economics professor at Centre College in Danville, Ky. "It's an important question to ask, if everyone should go to college."via College is expensive, but new study says it's worth it - News 10 WTEN: Albany, New York News, Weather, Sports.
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