Cost of Not Going to College

thinking-of-skipping-collegeI posted PEW research awhile back about the differences among Millennials who do and do not go to college. Click Here for PEW article
John Hawthorne shared a recent article he co-authored, “Thinking of Skipping College”.  It presents similar information in an accessible way. Click Here It is fun to see how statistical information can be presented.

They conclude: “It turns out that, despite the insistence of some, college is still incredibly valuable. The statistics prove that opting out of a university degree will dramatically hurt people in the long run, damaging their earning potential, increasing the likelihood of unemployment, and decreasing job satisfaction.

George Washington Carver said, “Education is the key to unlock the golden door of freedom.” He may not have had access to the statistics, but it turns out he was right.”

– See more at:

PEW: Cost of Not Going to College

Pew education income disparityOver the years, there has been a lot of news articles suggesting that it was not cost-beneficial to go to college.  PEW has just come out with a study tells a very different story for the millennials.
PEW writes: “On virtually every measure of economic well-being and career attainment—from personal earnings to job satisfaction to the share employed full time—young college graduates are outperforming their peers with less education. And when today’s young adults are compared with previous generations, the disparity in economic outcomes between college graduates and those with a high school diploma or less formal schooling has never been greater in the modern era.”
Read article: Click Here

College Debt

My email from “Too Much” offered these statistics:

“Thirty years ago, notes analyst Bryce Covert, two-thirds of college student aid came from government grants. Two-thirds currently come from loans, and that means ever greater debt burdens.

This spring’s graduating seniors will march off into the world with $22,900 in average debt. Total student debt hit $530 billion this past December, one reason, Bryce Covert adds, why one-third of all adults under age 33 have no savings.

A half century ago, the United States literally “invented” higher education as a mass phenomenon. For years, the United States sported more college grads than any other nation. The United States, on college grads, now ranks ninth.”

From “Too Much”

Jamie Oliver’s school dinners shown to have improved academic results

Gail’s Note: I just heard about Jamie Oliver and then came across this article–measuring the impact of his healthy meals program. This is the article as it appeared in the Guardian on March 29th. The link:

He has been ridiculed by the chat show host David Letterman, accused of high-handedness by a local radio DJ and reduced to tears by recalcitrant fast food-consumers during his war on American obesity. He has even dressed up as a giant pea pod in an attempt to turn the US on to his healthy eating agenda.

So Jamie Oliver will doubtless be relieved to hear of a timely reminder of his more gilded reputation back home. Today an audience of prestigious economists was told that the healthier school dinners introduced by the celebrity chef had not only significantly improved pupils’ test results, but also cut the number of days they were off sick. The effects, researchers said, were comparable in magnitude to those seen after the introduction of the literacy hour in the 90s.

The proportion of 11-year-olds in Greenwich, south London, who did well in English and science rose after Oliver swept “turkey twizzlers” and chicken dinosaurs off canteen menus in favour of creamy coconut fish and Mexican bean wraps, according to a study of results in the south east London borough.

Continue reading »