What's College Worth?

Felix makes some interesting points on the value of a college education in response to a recent Newsweek piece. As more and more people question the value, I've been wondering about where they're getting their math from on the fact that a degree is not worth it anymore. Felix responds:

But the math is complicated: the only thing which has been rising faster than college tuition costs is the wage premium that college graduates receive over those without a degree. A degree is becoming more important, not less, in our digital economy. And so while the cost of going to college is rising, the cost of not going to college is, arguably, rising even faster.