Catherine Bittar: The Economics of Higher Education: Why College Is a Worthwhile Investment
"Economists have long focused on the concept of education as an investment that, on average, pays off well over the long term, for both individual students and society as a whole. Yet many families lack faith in that premise." (IHEP, "Is College Affordable?") Education is the single largest expenditure for state and local governments in the U.S., accounting for 30 percent of their allotted budgets. Read the full story
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