ADVERTISEMENT 1 Four-year degrees aren’t for everyone
March 5, 2022
Conventional wisdom, shaped by cultural and class biases, asserts that attending a four-year college leading to a bachelor’s degree offers the best career path for everyone who can.
That myth has persisted despite the fact that most new, good-paying jobs require more than a high school diploma but less than a four-year degree. Moreover, graduates of four-year programs are often saddled with thousands of dollars of loan debts. Fueled by rising college tuitions, debt from students loans now amounts to, overall, a staggering $1.6 trillion.
Here’s another eye-opener that counters conventional wisdom: A new study from the University of Georgetown of 4,500 colleges and universities shows that, at nearly 30% of those institutions, most students, 10 years after enrolling, earned less than a high school graduate. That’s largely because roughly a third of those entering college don’t graduate within six years or don’t graduate at all.
