A Better Path Forward: Why Colleges and Students Should Share Outcomes Risk
When more people can afford to earn college degrees, we all win. So why do students alone shoulder the risks of financing their educations? People who have bachelor’s degrees contribute $381,000 more in taxes over their lifetimes than they receive in government benefits. College-educated citizens are less likely to become unemployed and less likely to live in poverty. People with college degrees are also more likely to vote, volunteer, give money to charity, and even donate blood than people who have not graduated from college.