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College graduation: cost vs. value

Written By Unknown on Wednesday, May 23, 2012 | 5:36 PM

The college graduation season comes against a backdrop of rising concern over the costs of higher education and the challenges graduates face in a difficult job market, according to the Pew Research Center.

The cost of college raises questions with the public about its value.

According to the Pew Research Center:

• 94% of parents expect their child to go to college
• 57% of Americans say colleges fail to provide students with good value for money spent
• 75% of the public says college is too expensive for most Americans to afford

Concerns about the costs of college are evident with University of Utah doctorate student Lillian Bertram.

“My student debt is terrible,” Bertram said. “I got a lot of debt from my undergraduate education, but it was worth it because I think I got a great education.”

On average, people with a four-year degree earn about $20,000 more a year than someone with a high school diploma.

However, young adults said it is harder to find a job in today’s economy than in generations past.

Matthew Colling was lucky enough to find a job after graduating with a Masters degree from Brigham Young University. Colling is the executive director for Help International, a non-profit organization that helps people in poverty around the world.

“If you can find something that you’re good at and you’re passionate about, I think that is the key,” he said.
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