Last updated on: 11/25/2013 | Author: ProCon.org

Richard Deitz, PhD Biography

Title:
Assistant Vice President of the Federal Reserve Bank of New York
Position:
Pro to the question "Is a College Education Worth It?"
Reasoning:

“Even if you get a degree in a major that didn’t have very good luck, let’s say liberal arts, and you work in a job that didn’t require a degree, those people still earn higher wages than people who just had a high school diploma, by far.

…Because you are getting skills by getting your degree, no matter what your major is, those skills are going to help you no matter what your job is and those skills are going to help you continue to move up the ladder… So there are significant differences in terms of what wages you can expect to earn with a degree, even if you don’t find your dream job right out of college.”

“College Is Still Worth It, Despite the Cost,” buffalonews.com, Aug. 3, 2013

Theoretical Expertise Ranking:
Experts
Individuals with JDs, PhDs, or equivalent advanced degrees in fields relevant to the study of higher education. Also top-level government officials (such as foreign leaders, US presidents, Founding Fathers, Supreme Court Justices, members of legislative bodies, cabinet members, military leaders, etc.) with positions relevant to the study of higher education.
Involvement and Affiliations:
  • Assistant Vice President, Federal Reserve Bank of New York
  • Former Regional Economics Officer and Chief Economist, Federal Reserve Bank of New York
  • Board of Directors, Risk Management Association, 2007-2010
  • President, Regional New York Center for Financial Training, 2003-2004
  • President, New York State Economics Association, 2001-2003
  • Adjunct Professor, State University of New York at Buffalo, 2000-2001
  • Adjunct Professor, Canisius College, 1999-2003
  • Board of Directors, New York State Economics Association, 1998-present
  • Visiting Assistant Professor, Rochester Institute of Technology, 1996-1998
  • Visiting Assistant Professor, Saint Lawrence University, 1995-1996
  • Instructor, Binghamton University, 1991-1995
Education:
  • PhD, Economics, Binghamton University, 1995
  • MA, Economics, Binghamton University, 1993
  • BS, Economics, State University of New York College at Oneonta, 1989
Contact Info:
Phone
716-849-5025
Email
Online Contact Form
Website
Federal Reserve Bank of New York
Other:
  • None found
Quoted in:
Pro & Con Quotes: Is a College Education Worth It?