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200% Income Boost: The Shrinking College Degree Premium Revealed!

In 2023, young adults aged 25 to 34 with a bachelor’s degree earned twice as much as their counterparts without a degree. This represents a 200% income difference. However, this premium has decreased over time. Back in 1960, the income advantage for degree holders in the same age group reached its highest point at 237%. These statistics highlight a significant shift in the financial benefits associated with obtaining a college degree.

Source: flowingdata.com

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Arch Kennedy @ArchKennedy · Mar 15
Even The Economist—hardly a fringe outlet—now admits what many have long suspected: immigration only benefits a country’s finances when the immigrant has a college degree. Those with less education don’t “pay into the system” like politicians claim—they often end up on welfare,

Megan Basham @megbasham · Mar 23
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Klaus @spacemanklaus · Apr 1
It was once true that attending university meant climbing the class ladder, but now, except for a small minority, you graduate in the same class as when you entered, with at least £30k in debt and no better job prospects than if you hadn’t gone. You see people who never attended

Accountaburna @debonairdonne · 20h
Colleges are lowering their grade standards and raising fees to take advantage of your vanity. You pay $100K plus to get a degree that nets you $45K annually…..

Virile @str8fromva1 · 20h
Agreed. As a college graduate, the allure of getting a college degree is gone. Your salary doesn’t match the debt you accumulate and the economy dictates the job market.

Prof. Static @damm_arrows · Mar 31
Thats because we keep telling a generation you dont have to go to college at all to make money. They suggest trade careers for these men like we dont need doctors, lawyers, Engineers, etc. So while women attendance goes up, male enrollment goes down.