College is Still Worth it for Many
While not everyone needs to go to college to earn a decent living -- a lot of kids can go into a trade and make a great living -- statistics reveal the truth. On average, a college education makes a huge difference in lifetime earnings. The report linked here was published on the Arkansas Senate site in July 2020. Some interesting findings in the report... "Over the course of a 30-year career, a person with a bachelor’s degree will earn an estimated $1.25 million, compared to $550,000 that a college dropout will earn over the same period." "a person with a bachelor’s degree will earn an average of $32,000 in their first year in the workforce, compared to a high school graduate who will earn [on average] $12,700 in their first year of working." "Even when the cost of college loans is factored in, a degree is worth the investment, especially in Arkansas. The average debt for a bachelor’s degree in Arkansas is $26,800, compared to the national average of $28,650....