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A College Degree = $300,000

Posted on November 18, 2008 by Ryan Uricks

The $1 million dollar figure is kicked around a lot for the worth of a college degree and it drove one economist crazy. A recently released study reported in US News found that the actual price of a college degree is around $300,000. On average, college grads make over $20,000 a year more than high school graduates.

There are other benefits to college degrees, as well. College grads have better job options, lower unemployment, and are generally healthier. It still pays to attend college, just not as much as we thought.

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