…e of graduates have a job making more than $80,000 a year (within just a few months of graduation). Correct me if I’m wrong, but isn’t that better than the typical college’s “study for four years and wait tables to get by when you graduate jobless” plan? And yes, the data is coming to back up that statement. Read on.
That is a better rate of return IF you consider college to be nothing more than a white-collar trade school. If college is actually to be more than just “a different place to acquire a set of trade skills” for office parks, then this model is incorrect.
Note that even in higher education, this dichotomy has not been solved, and no one seems to be in a hurry to do so.