SeeThruEdu.com contributor Jeremy Kee’s piece in today’s Real Clear Policy:
April 11, 2013
I Went to College and All I Got Was…
By Jeremy Kee
With student loan debt coming in second only to mortgage debt in terms of total U.S. consumer debt, the costs of college are not to be taken lightly. The numbers suggest that the return on investment for a college education is diminishing as the costs continue skyward.
A college degree is a valuable thing insofar as it serves as a signal to potential employers that the degree holder is a competent and capable potential employee, and based on the unemployment rate for all college graduates and recent college graduates – 3.8 percent and 6.8 percent respectively – it would seem that the college degree is holding its value quite well.
The quality of jobs being taken, however, must be brought to light. Research from Professor Richard Vedder of the Center for College Affordability and Productivity, and Professors Neeta Fogg and Paul Harrington of the Center for Labor Markets and Policy shows that the quality of jobs being attained by recent college graduates is not commensurate with their level of experience. READ MORE HERE