Friday, January 29, 2016

More data can make college less risky - Beth Akers and Jonathan Rothwell, Brookings

There are lots of good reasons to go to college, but the vast majority of prospective students in this country report[i] that they’ll go to college because they believe that it will improve their employment opportunities and financial wellbeing. And for the most part, they’re right. Despite many suggestions to the contrary, it’s very well documented[ii] that investments in higher education pay large dividends in the form of future earnings. This makes higher education one of the most important tools we have for generating social mobility. Regardless of an individual’s starting point in life, higher education offers access to greater financial well-being. Unfortunately, it’s not a fail proof system. http://www.brookings.edu/research/papers/2016/01/21-more-data-make-college-less-risky-akers-rothwell