Wednesday, July 2, 2014

Associate degree grads make more at first

Mark Peters and Douglas Belkin, WSJ, June 25, 2014,  join in the now-popular theme that not everyone needs a four-year degree with findings that paychecks for grads with a two-yr technical degree can outstrip the paychecks of four-year grads.

At first, anyway. Early in the careers of both.

Overall, the four-yr degree is worth it, but this isn't always gospel.

The return on investment of a four-yr degree over a lifetime is 15%. More than made in most stocks.

But this is also true of a 2-yr technical degree.

The best 2-yr fields? Construction, IT, high tech manufacturing, or health.

Parents and students are taking a tougher look at all this.

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