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|
|High school graduate||$26,795|
|Professional (law, medicine) ...|