For years those pushing kids to go to college noted that there was a huge and growing earnings differential between high school and college graduates, making college a good investment even with soaring tuition fees. They looked at the income and wealth of college graduates by the decade in which they were born. Look at white, non-Hispanic college graduates in each cohort compared with those without degrees. The college wealth advantages for the four decades are, respectively, 247%, 185%, 134%, and 42%. Why are we encouraging minorities to go to college and even in some cases giving them preferential admissions if there is little or no wealth advantage associated with a college degree?

Source: Forbes March 07, 2019 13:52 UTC