Chapter 6. Student Loans
Americans are pretty well convinced about the value of a college education.
Three-quarters of those polled for The National Center for Public Policy and Higher Education believe a college education is more important today than it was 10 years ago. People know that low-skill jobs are disappearing rapidly thanks to advancing technology, changes in our economy, and increased outsourcing of jobs overseas. A college degree is no longer seen as a ladder up; it's a life raft in a stormy economic sea (see Table 6.1).
| Degree Attained | Average Annual Pay |
|---|---|
| None | $18,793 |
| High school graduate | $26,795 |
| Bachelor's degree | $50,623 |
| Master's degree | $63,592 |
| PhD | $85,675 |
| Professional (law, medicine) ... |
Get Deal with Your Debt: The Right Way to Manage Your Bill$ and Pay Off What You Owe now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
