The (Financial) Value Of A Degree

[Jack]

In England
http://today.reuters.co.uk/news/article ... xml&rpc=92

[Carl_Reginstein]

Here's another source (from 2002) in US dollars.

http://www.ericdigests.org/2003-3/value.htm

I think the value in US dollars is actually higher, although I don't know exactly (don't have my fx calculator handy) how this translates between pounds and dollars.

[Carl_Reginstein]

Still another source...

http://www.dba-oracle.com/t_how_much_co ... _worth.htm

Although the pic of the guy who owns the web page is a little.... disturbing?

[John Bear]

The interesting argument made by Caroline Bird in her book The Case Against College is that if, at any time in the last 75 years, you borrowed the money needed for a Bachelor's degree and invested it in the stock market, at retirement age, would have far, far more than the million-dollar (or whatever) difference earned in a lifetime by degree holders, compared with non-degree holders . . . and have had four or five more years of time as well.

(The long-out-of-print book is sold on Amazon for 79 cents.)

[Carl_Reginstein]

The interesting argument made by Caroline Bird in her book The Case Against College is that if, at any time in the last 75 years, you borrowed the money needed for a Bachelor's degree and invested it in the stock market, at retirement age, would have far, far more than the million-dollar (or whatever) difference earned in a lifetime by degree holders, compared with non-degree holders . . . and have had four or five more years of time as well.

(The long-out-of-print book is sold on Amazon for 79 cents.)

But, but, but.....

Then you'd miss out on all the "fun" of lengthy and boring lectures, being held completely subject to a group of pompous and sniffing intellectuals, and a lifetime of struggle to repay those college loans upon graduation!

In all seriousness though, I decided to go to college because I realized I wasn't very good at tossing 100 lb. potato sacks onto the back of a truck all day long for minimum wage. It was actually easier than hard physical work, which was what awaited me otherwise.