South By North Strategies, Ltd.

Derek Thompson of The Atlantic asks if attending college is worth the cost.

Each year, a college education becomes more valuable for U.S. workers. The college premium — the “bonus” a typical college-educated worker receives over a high-school grad — has doubled in the last 30 years in real terms.
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But each year, a college degree moves further out of reach for middle class families. A four-year public college education cost 18% of a middle-class family’s income in 2000. Today, it’s 25%. And that percentage will grow exponentially, since middle class wages are stagnating and higher education costs are growing four times the rate of inflation, according to Louis E. Lataif in Forbes.
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Education is an appreciating asset. By that, I mean it helps young workers leapfrog low-skill jobs, so its value increases over time. But today, the price is prohibitive. Since the mid-1990s, average student debt has doubled. Today, two of three college graduates from public and private universities have loan obligations that average more than $20,000.