On average, a college graduate earns $32,000 more in a year than a worker with only a high school diploma, according to a new report from Federal Reserve economists. The payoff on a college degree stands near its all-time high, the economists report in an April 16 post from the Federal Reserve Bank of New York. If you think of college as an investment, the return on that investment has held steady over the last three decades at 12% to 13% a year. “I’d love to get that return on my savings account,” said Ted Mitchell, president of the American Council on Education, a nonprofit that represents college leaders.
