Is College Worth It in 2012? [Infographic]
Is college worth it in 2012?
That age old question for recent high school graduates remains as important as ever in 2012 as recent economic conditions have made affording college even more difficult.
It doesn’t take a college graduate to understand that if one decides to go to college after graduating from high school they end up spending a lot of money over the next 4 years while those who decide not to attend college end up making money over the next 4 years.
See Also: 3 Job Search Strategies for Recent College Grads
The question then becomes, in the long term, do college graduates end up making more money and having a higher standard of living than those who did not graduate from college?
An infographic (posted below) was recently published by DegreeJungle.com that statistically breaks down whether or not it is worth it to go to college.
In the long run, it turns out that it still is probably worth it to attain a college degree, although, college is obviously not for everyone.
Is College Worth It in 2012 Infographic Highlights:
- Over the past 25 years, college tuition rates have risen 4X higher than the average inflation rates.
- 94% of parents expect their children to attend college.
- 75% of Americans believe that college tuition is unaffordable.
- 48% of 18-34 year olds didn’t go to college because it was too expensive.
- College graduates spend an average of $83,944 attaining a college degree while non-college graduates make an average of $130,400 in the 4 years after graduating high school.
- The average annual earnings for college graduates up until age 65 is $56,700; non-college graduates earn an average of $32,600.
- Over the course of a career, a bachelors degree is worth $821,956 more (65% more or 9.8X the cost of a degree) than a high school diploma.
- 86% of college graduates claim it was a good investment.
Click on the infographic below for the full size version.
About Anson Alexander
Anson Alexander is a graduate from the University of Tampa with a degree in International Business and Information Systems.A previous IT Administrator for a medium size publication company, Anson has recently decided to work full time on his own business by publishing on AnsonAlex.com, publishing technology tutorials on YouTube and offering SEO, IT training and digital marketing services.His main interests include technology, social media, infographics, economics, marketing and web design.Connect with Anson on Google+.
Thank you for your useful information. Student please make sure to get the answer then you will join the college……..