Oh good. Otherwise, I was going to have to have a chat with Sahana about her tuition at CMU. :-) theatlantic: Don’t Fall for This Misleading Graph About College Costs This graph does not in any way prove that investing in education yields negative returns. It shows that a yearly wage is cheaper than the cost of a four-year degree. That stinks, but, you know, workers don’t retire at 23. They retire closer to 63 or 73. In those 40 or 50 years, college is an appreciating asset. Like a ladder to an escalator, it both gives you access to higher pay out of college and puts you on a path to rising wages that high-school-only grads are locked out of. You won’t find that in the graph. Read more.

Oh good. Otherwise, I was going to have to have a chat with Sahana about her tuition at CMU. :-)

theatlantic:

Don’t Fall for This Misleading Graph About College Costs

This graph does not in any way prove that investing in education yields negative returns. It shows that a yearly wage is cheaper than the cost of a four-year degree. That stinks, but, you know, workers don’t retire at 23. They retire closer to 63 or 73. In those 40 or 50 years, college is an appreciating asset. Like a ladder to an escalator, it both gives you access to higher pay out of college and puts you on a path to rising wages that high-school-only grads are locked out of. You won’t find that in the graph.

Read more.

  1. Date Posted Icon 9th June 2012
  2. Reblogged Icon Reblogged From theatlantic
  3. Notes Icon Notes: 75
    4. Tags Icon #politics
  1. eim-group reblogged this from theatlantic
  2. gazetaoriental reblogged this from theatlantic and added:
    About Atlantic Magazine:
  3. anindiscriminatecollection reblogged this from theatlantic
  4. robmyself reblogged this from samrakhawaja
  5. ymgonzal reblogged this from samrakhawaja
  6. samrakhawaja reblogged this from 2012swingstates
  7. ihaveatimemachine reblogged this from tessafox
  8. tessafox reblogged this from 2012swingstates
  9. kaysteiger reblogged this from 2012swingstates
  10. distortedsnoitcelfer reblogged this from 2012swingstates
  11. 2012swingstates reblogged this from theatlantic and added:
    Millions of people heard President Barack Obama and comedian Jimmy Fallon slow jam the news about how student loan rates...
  12. sharkyteeth reblogged this from noonday
  13. thirdworldartocracy reblogged this from theatlantic
  14. pravinkumar reblogged this from theatlantic and added:
    Oh good. Otherwise, I was going to have to have a chat with Sahana about her tuition at CMU. :-)
  15. arcticllama reblogged this from theatlantic and added:
    Sure, you could work for a start-up, but if you don’t there are A LOT of companies out there that require a 4-year...
  16. pegobry reblogged this from theatlantic and added:
    Also, it doesn’t matter that rent-to-price ratios have gone out of whack because housing has never lost value and will...
  17. ivixxciii reblogged this from theatlantic and added:
    okay no I agree with the caption. but then why do we see this phenomenon? there’s an increase in tuition/room/board,...
  18. crichar3 reblogged this from theatlantic
  19. the-cinnamon-peelers-wife reblogged this from theatlantic
  20. noonday reblogged this from theatlantic
  21. thecollegeconcern reblogged this from theatlantic
  22. shaktiandawe reblogged this from howtobeasatellite
  23. dsjutah reblogged this from theatlantic and added:
    See also: previous post re: Aaron Sorkin.
  24. newsandtrade reblogged this from theatlantic
  25. otherwisemaladroit reblogged this from theatlantic
  26. businessoutsider reblogged this from theatlantic
  27. phroyd reblogged this from theatlantic
  28. chrisdwoo reblogged this from theatlantic