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According to the , the cost of college in the United States has nearly tripled over the past 40 years. bank rateAccording to a recent study, the average cost of tuition and fees at a public four-year school will be just under $11,000 for in-state students and nearly $30,000 for out-of-state students in 2022-2023. university council.
Meanwhile, U.S. wages have stagnated since the 1970s, and productivity has grown more than three times faster than incomes. CNBC Report: Average starting salary for college graduates That’s about $58,862..
So it’s perhaps not surprising that polls show that a majority of Americans (56%) don’t think earning a four-year college degree is worthwhile. wall street journal and NORC at the University of Chicago. Naturally, many people choosing to pursue higher education may wonder which undergraduate majors and ultimate careers will provide the greatest return on their significant investment.
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