Earnings gap between young adults with and without college degrees at widest level in 48 years

  • Article by: HOPE YEN , Associated Press
  • Updated: February 11, 2014 - 4:40 PM

WASHINGTON — The earnings gap between young adults with and without bachelor's degrees has stretched to its widest level in nearly half a century. It's a sign of the growing value of a college education despite rising tuition costs, according to an analysis of census data released Tuesday.

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dentesterFeb. 11, 1411:19 AM

Meaningless statistic. A plumber or a carpenter with no college makes much more than a kid with a liberal arts degree.

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herby2013Feb. 11, 1412:23 PM

I guess now Democrats will want to raise taxes on college graduates, huh? "It's not fair!"

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markerminnFeb. 11, 1412:24 PM

Let's not confuse correlation with causation. Perhaps smarter and more ambitious kids go to college - and - they are more successful in the job market. They are not successful because they went to college, they are successful because they are the type of person that goes to college. Bill Gates and Mark Zuckerberg did not finish college but they were the type of person that goes to college! College is not for everyone and for some people, college is a colossal waste of time and money.

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garymg65Feb. 11, 1412:31 PM

Without naming them, we have many successful large companies in MN. Some of them have more than 500 employees. Some more than 1000 and some 5000. We need them, but we also need small businesses that have 1-25 people. For those that want to start with 1-4 people there should be a 2 year degree to get them going. A couple few courses in accounting, sales and the industry of their interest. I know these 2 year degrees exist, but don't ever get rid of them. I think 2 many people go into that 3rd year of college without a clear career path and end up with a degree in a discipline that is not marketable to good pay. They are working jobs with a bachelors for the same pay as high school grads or those who quit college after 1-3 years. There will always be some in this category, but the numbers are WAY to high.

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garymg65Feb. 11, 1412:37 PM

Many small business owners tell me that that liberal democrats in office make it hard for them to turn livable profits. They say that conservative republicans can help them turn better profits. Why is this? Looking for serious answers. This includes elected officials at all levels of government?

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hmilkywayFeb. 11, 14 1:03 PM

Obviously, this person din't do any research on the loan side. I work at Sallie Mae and we get HUNDREDS if not thousands of students who can't even pay $50 towards their loans. I agree with Markerminn. It's about determination minimal education. I have a family memeber who has ZERO college education and is a store manager for a multimillion dollar GAS STATION. Education helps, but wont get you that 6 digit job....

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