Many students, and their parents, are wondering whether college is still worth the price. The high cost of college has not been reduced at many colleges nationwide, yet the college experience has been greatly curtailed.
According to Money, “A weak economy makes paying for college harder, but it also puts a spotlight on one of the major benefits a college degree can deliver – security.” Money cited statistics from April 2020, the first full month of the COVID pandemic in the US, indicating that about eight percent of workers with a bachelor’s degree filed for unemployment benefits. That was roughly half the rate of those with a high school diploma or only some college experience. The conclusion drawn was that the higher one’s level of education, the more stable the paycheck.