College graduates today still expect to earn a higher lifetime income compared to not college graduates, or is that just not a guarantee anymore? In some cases, this is hundreds of thousands of dollars more over the course of your working lifetime. So when asked, is college worth it? I think the answer is always it depends on what your life's goals are," he says.
The cost of college has ballooned over the past few decades, far outpacing inflation. In August the Biden administration announced plans to cancel student debt for more than 20 million Americans, a move many economists say will cost taxpayers more than 400 billion dollars and only compounds the problem of soaring college costs. In this episode we’ll explore how tuition prices became so outrageously high, and what some colleges are doing to reverse the trend