The ROI of Higher Education
Times are rough. No doubt about that. The economic crisis its taking its toll and it’s increasingly difficult to make your mark in the labour market. Unlike in the past decades, higher education is not always tantamount to lower unemployment. Likewise, college education is not critical to making it big in business. Of course, it doesn’t mean you should dismiss post secondary education altogether. Here’s some data, maybe the numbers are not optimistic. But what does an economist know about the real value of knowledge?
There are no quick-fix solutions and it all depends on which career path you want to pursue. An important question you should ask yourself is whether a particular profession is inextricably connected with a university diploma and whether you are prepared to bear the burden of debt in the years to come.
Love Don’t Cost a Thing. Or Does It? (Infographic)
Getting engaged is probably one of the most exciting moments of our lives. Although the question “will you marry me?” is a relatively simple one, most newly engaged don’t realise what kind of consequences it implies. The thought of organizing a wedding is a lot of fun, but unfortunately weddings usually come with a huge price tag…
On average, it costs $10,615 to send a kid to public school for a year. (That’s federal, state and local government spending combined.)
As the map above shows, that one number masks a huge variation. Utah spends just over $6,000 per student; New York and the District of Columbia over $18,000.
There’s even more variation when you get to the district level. Detailed figures and lots more data (including district-level spending) are available in a report the Census Bureau released today.