Students Of 1 In 4 Higher Ed Programs Earn Less Than High School Graduates, Study Finds
CBS Money Watch reports according to a new analysis of earnings data “from almost 4,000 colleges and other higher education programs,” Americans may be justified for becoming “increasingly skeptical of the value of a post-secondary education at a time when college attendance costs are soaring.” The HEA Group, which analyzed Education Department data to track students’ earnings outcomes, found that a decade after enrolling, “attendees of 1 in 4 higher education programs are earning less than the median annual income of $32,000 for high school graduates.” About 8 percent of institutions “show their students’ median income a decade after enrolling is less than $22,000 a year, or about 150% of the federal poverty line,” The HEA Group found.