Thursday, November 17, 2011

drag2share: A Surprising Look At Hourly Earnings By Degree

Source: http://www.businessinsider.com/is-that-degree-worth-the-money-you-paid-2011-11


Four-year degrees are expensive. No question about it.

But that cost has to be due to the fact that the degree is valuable. Right? Well, maybe not.

Thumbtack, a local services website for small business and professionals, polled its users to find out who made more money, those with a four-year degree or those with a technical college degree.

The study tracked average hourly rate against the level of education its users had achieved. And the results are a bit surprising. The study found "the hourly rate for those with technical degrees and those with undergraduate degrees was exactly the same."

college pay rates

With the cost of tuition at traditional colleges on the rise, is that $40,000 per year bill average really worth it?

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