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2810 Fieldstream Drive North
Wilson, NC 27896
Phone: 252-237-4357
Fax: 252-243-2681
March/April 2018
Is College Worth the Cost?
That’s the question some people are asking as the cost of college — and college debt — continues to rise. The Consumer Financial Protection Bureau found that the percentage of borrowers with $20,000 or more in student debt doubled over the last decade.
College Graduates Make More
According to the Department of Labor’s Bureau of Labor Statistics Americans with only a high school education earn about half of what those with a bachelor’s degree make. College graduates also have half the unemployment rate of those with only a high school diploma.
Statistics, however, can drown out the exceptions. Understand that each person’s path to a future career is different. A licensed electrician may make more than a social worker with a college degree, and college debt differs widely from region to region. Know the numbers and talk it over with family before making any decision.
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