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Friday, August 31, 2012

Missouri Education Watchdog: The Enduring Myth of College Degree Protection

Missouri Education Watchdog: The Enduring Myth of College Degree Protection:


The Enduring Myth of College Degree Protection

If you just got through paying for the first semester of college, you may not want to read this article.

The Georgetown Center on Education and the Workforce published a study last week that broke down the impact of a college degree on future employment. The conclusion: Those with a bachelors degree show some advantage over those with just a high school diploma, but most of the job gains are found with those who have advanced degrees.  The Atlantic said it this way, "We are in a grad school economy."

The Washington Post's Dylan Matthews looked at the GCEW study and found that they lumped together those with a regular bachelors degree and those with advanced degrees to come up with this chart.

In addition, Matthews sites an analysis done by the Economic Policy Institute that showed 98.3 percent of the