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The Economists' VoiceTop Economists Take On Today's Problems$
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Joseph Stiglitz, Aaron Edlin, and J. Bradford DeLong

Print publication date: 2011

Print ISBN-13: 9780231143653

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231143653.001.0001

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PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 19 September 2021

Does College Still Pay?

Does College Still Pay?

(p.217) Chapter 25 Does College Still Pay?
The Economists' Voice

Lisa Barrow

Cecilia Elena Rouse

Columbia University Press

This chapter asks whether attending college still worth the costs. The answer to the question is yes. College is definitely still worth the investment. In fact, there are no signs that the value of a college education has peaked or is on a downward trend. Also, the rapid annual percentage rise in the cost of tuition has had little effect on the value of a college education, largely because tuition is a relatively small part of the true total economic cost of attending college. Most of the true economic cost of college is the wages students forego while they attend—and those have not risen by very much at all.

Keywords:   college education, college tuition costs, college fees, economic costs, wages

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