October 19, 2008
College education: A wise human capital investment?
C T asked:
I have a term paper to write and I have no idea where to start. Any information would be helpful. Thanks.
I have a term paper to write and I have no idea where to start. Any information would be helpful. Thanks.
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Comments on College education: A wise human capital investment?
Gather your information. Get your ideas together. Start at the beginning.
It depends what your degree is in. For instance, if you major in Finance, chances are you’ll get very high Return on Investment. Same with Law and Medicine.
But if you major in something random that there’s not alot of employment for and/or low earnings potential, such as psychology, middle eastern studies, history, language, art etc., then you should expect a low return on investment.
Short answer: YES! Just go online and use Google to look up college graduate vs high school graduate median incomes. Once you get these numbers you can compare them to the cost of a 4-5 year college education and draw your conclusions…D