Top Pro & Con Arguments
College education has a high return as an investment.
Return on investment (ROI) is calculated by dividing the gain from an investment (here the money earned as a result of a college degree) by the cost of the investment (the money spent on a college degree). A college degree has a return of 15% per year as an investment, larger than the stock market (6.8%) and housing (0.4%).Completing some college, but not earning a degree, resulted in a 9.1% return on investment. If a student spent $17,860 (the average cost of tuition and room and board in 2012-2013 for four years at a public university ), that student could expect a 15% return of $2,679 each year. According to a 2011 Pew Research survey, 86% of college graduates believed college was a good personal investment. Read More