There is no question that the value of a college degree has never been higher. Americans with four year degrees made 98 percent more an hour on average in 2013 than people without a degree. Thats a huge increase from 89 percent just five years earlier and that trend just continues to tread upwards.
If this is the case, then why are we seeing an epidemic of students suffering from what we at The CCC have termed, “Diploma Depression”?
“We have too few college graduates,” says David Autor, an M.I.T. economist, who was not involved in the Economic Policy Institute’s analysis.
