Today, Explained Is college still worth it?
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Apr 8, 2024 
Liam Knox, a Reporter at Inside Higher Ed, and Miles Bryan, Philadelphia Bureau Chief, dive into the evolving landscape of higher education. They discuss growing disillusionment with traditional college paths sparked by soaring costs and lower enrollment, especially after the pandemic. Minnesota’s innovative funding strategies for public colleges emerge as a beacon of hope. They share personal stories, like that of Jorge Vargas, who faces the tough choice between college and the military, highlighting broader issues of accessibility and socio-economic barriers.
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Declining Confidence and Enrollment in Higher Ed
- American sentiment toward higher education is at an all-time low.
- Enrollment has dropped significantly since the pandemic, with 1.2 million fewer students in college than in 2019.
Cost as the Primary Barrier to College
- The primary reason for the decline in college enrollment is the increasing cost of tuition.
- Students and families are questioning the value proposition of higher education.
Varying Returns on Investment for Degrees
- While some degrees significantly boost earning potential, others offer less of an advantage.
- The value proposition of college, considering debt and opportunity cost, is declining for many.