In today’s New York Times, Professor Greg Mankiw of Harvard notes:

Today’s economy leaves little doubt about the value of college. According to the Bureau of Labor Statistics, in 2014 the median worker with a bachelor’s degree (and no advanced degree) earned $69,260, compared with $34,540 for the median worker with only a high school diploma. Over a lifetime, that difference accumulates to about $1.5 million.

But as our very own Nader Habibi argues in the Conversation we have been ignoring an inconvenient truth:

a large number of graduates in recent years have not been able to find well-paying jobs that actually require a degree. Instead, they have found part-time jobs and/or have had to accept low- or unskilled ones that pay less than professional positions and underutilize the aptitudes they developed in college.


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