According to the Wall Street Journal News, fewer Americans value college degrees at their current costs.
According to new findings by the “Wall Street Journal News,” fewer Americans value college degrees, saying that it “isn’t worth the cost.” The poll surveyed 1,200 people between August 5th and August 9th.
In comparison to just four years prior, the survey shows that there has been a jump in skepticism among Americans regarding higher education. It also highlighted an increasing divide on the topics of gender, partisan and regional lines.
Only 49 percent of Americans believe getting a four-year college degree will get them a good job and larger lifetime earnings, whereas 47 percent believe it won’t. Four years ago, 63 percent believed college was worth it, and only 31 percent didn’t.
Comments On the Topic
Dough Webber, an economics professor from Temple University said: “Costs have gone up considerably to the point that I think there are a number of people who maybe rightfully say, ‘I’m not in the league of Harvard and maybe not even in the league of really good state schools,'” said Doug Webber, a Temple University economics professor.
Because of this many Americans have concluded that paying such large amounts of money for tuition for schools that are less prestigious is not worth it.
Jeff McKenna, 32, commented on this saying: “I have friends from high school that are making half what I’m making, and they went and got a four-year degree or better, and they’re still $50-, $60-, $70,000 dollars in debt,” McKenna said. “There’s a huge need for skilled labour in his country.”
Schools like Michigan State, Wisconsin University and Florida University said that they’re trying to use marketing efforts in order to improve the public opinion of them.
“We’re aware of the various polls that show this decline in confidence. It’s happening across a wide variety of institutions,” Heather Swain said, the vice president of Michigan State’s “Communications and Brand Strategy.”
“One of the things we’re doing is to try and make sure people understand the value of the university in different ways.”
Joseph Glover, Florida University’s Provost, said that the findings were startling to him. “I think this is happening because there is a disconnect between the group of Americans who go to university and acquire an appreciation of life-long learning and another group people who never get access and never really understand the benefits a university brings to society at large.”
“The political winds can always change,” he said, “but we believe we’re providing tremendous value to the state.”