re: Is anyone else not pushing their kids to attend college?

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Great article about how roughly half of degrees, especially masters, have a negative ROI

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About 70 percent of undergraduate programs yield a positive return on investment. While that means higher education is still a decent bet on average

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Just avoid the useless degrees. We all know what those are.

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Great article

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I read the tagline for the organization, assumed their bias, which then led me to assume the flaw in their methodology and..

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But golden ticket thinking is flawed. First, that 68 percent earnings premium is a median: not every college graduate earns so much. Second, people who attend college and people who stop out of their formal education with only a high school diploma are different along other dimensions, and have different preexisting earnings potential. College graduates probably would have out-earned the median high school graduate even if they had not gone to college.

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Next, I estimate counterfactual earnings for the typical student in each program; in other words, what each student would have earned in a parallel universe where she did not pursue higher education.

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