College & Workforce Readiness Report Roundup

College Degrees

By Caralee J. Adams — May 17, 2011 1 min read

When it comes to lifetime earnings, a bachelor’s degree is worth the investment, according to a study released last week by the American Institutes for Research, a not-for-profit behavioral and social-science research organization in Washington.

And, the more competitive the school, the higher the income the student can expect. But the advantage applies most at the top-tier colleges. At less selective, nonprofit private colleges, students shell out so much more in tuition that the net income gain is not as great as for graduates of the schools’ public counterparts, the study shows.

“There may be other reasons to go to a local private institution—it may be small and offer other advantages,” said Mark Schneider, a co-author of the study and a vice president of AIR.

His study finds that the net present value of additional earnings of students with bachelor’s degrees compared with those with a high school diploma ranges, over a lifetime, from $234,557 for a less competitive, private nonprofit school to $524,473 for a flagship state school.

Related Tags:

A version of this article appeared in the May 18, 2011 edition of Education Week as College Degrees

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Student Well-Being Webinar
Equity, Care and Connection: New SEL Tools and Practices to Support Students and Adults
As school districts plan to welcome students back into buildings for the upcoming school year, this is the perfect time to take a hard look at both our practices and our systems to build a
Content provided by Panorama Education
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Classroom Technology Webinar
Here to Stay – Pandemic Lessons for EdTech in Future Development
What technology is needed in a post pandemic district? Learn how changes in education will impact development of new technologies.
Content provided by AWS
School & District Management Live Online Discussion A Seat at the Table: Strategies & Tips for Complex Decision-Making
Schools are working through the most disruptive period in the history of modern education, facing a pandemic, economic problems, social justice issues, and rapid technological change all at once. But even after the pandemic ends,

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

College & Workforce Readiness Opinion There’s Insurance for Homes or Cars—Why Not College Degrees?
Rick Hess talks with Wade Eyerly, the CEO of Degree Insurance, about the company's plan to make investing in a college degree less risky.
7 min read
Image shows a multi-tailed arrow hitting the bullseye of a target.
DigitalVision Vectors/Getty
College & Workforce Readiness Fewer Students in Class of 2020 Went Straight to College
First-year college enrollment dropped steeply last year, a study finds, and the declines were sharpest among poorer students.
6 min read
Image shows University Application Acceptance Notification Letter with ACCEPTED Stamp
YinYang/Getty
College & Workforce Readiness Letter to the Editor Are Students Ready for Post-Pandemic Reality?
Schools must make improving students' essential skills a priority for college and career success, says the CEO and president of CAE.
1 min read
College & Workforce Readiness This Is Not a Good Time to Fall Off the College Track. Students Are Doing It Anyway
Fewer students in the Class of 2021 are applying for college financial aid, continuing a drop that started last year.
6 min read
Applications for the Free Application for Federal Student Aid (FAFSA) form are on the decline.
Applications for the Free Application for Federal Student Aid (FAFSA) form are on the decline.
Jon Elswick/AP