Is a college degree still worth it? Study says yes - KTTC Rochester, Austin, Mason City News, Weather and Sports

Is a college degree still worth it? Study says yes

Posted:

By JOSEPH PISANI

AP Business Writer

NEW YORK (AP) -- Some comforting news for recent college graduates facing a tough job market and years of student loan payments: That college degree is still worth it.

A new report by the Federal Reserve Bank of New York says that people with bachelor's or associate's degrees earn more money over their lifetime than those who skip college, even after factoring in the cost of higher education. The study also says that a degree is still a good investment for college grads whose jobs don't require college.

The study says a person with a bachelor's degree can expect to earn about $1.2 million more than someone with just a high school diploma. And someone with an associate's degree will bring in $325,000 more than someone with a high school education.

Most Viewed Content

Stories
Videos
  • Mobile Top StoriesMore>>

  • 15 killed at Gaza UN school; Israel holds fire

    15 killed at Gaza UN school; Israel holds fire

    Wednesday, July 30 2014 9:09 AM EDT2014-07-30 13:09:37 GMT
    A Palestinian health official says 13 people were killed after tank shells hit a U.N. school in Gaza where hundreds of Palestinians had taken refuge from Israeli attacks.More >>
    Israeli tank shells slammed into a crowded U.N. school sheltering Gazans displaced by fighting on Wednesday, killing 15 and wounding 90 after tearing through the walls of two classrooms, a spokesman for a U.N. aid agency...More >>
  • Thousands of dollars in stolen property and drugs found at Brownsdale property

    Thousands of dollars in stolen property and drugs found at Brownsdale property

    The Mower County Sheriff's Office raided a home in Brownsdale on Saturday, discovering vast amounts of stolen property and more.More >>
    The Mower County Sheriff's Office raided a home in Brownsdale on Saturday, discovering vast amounts of stolen property and more.More >>
  • Dredging efforts underway to clear sandbars from Mississippi

    Dredging efforts underway to clear sandbars from Mississippi

    There's an effort to clear the way for the barges stuck on the Mississippi River.More >>
    There's an effort to clear the way for the barges stuck on the Mississippi River.
    More >>
Powered by WorldNow
All content © Copyright 2001 - 2014 WorldNow and KTTC, a Quincy station.
All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Jodi Neyens at (507) 280-5104. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.