27 Apr '13, 2pm

via @TheOilDrum: Drumbeat: April 27, 2013: In Montana, ranchers line up against coal The McRaes and some of th...

With unemployment among college graduates at historic highs and outstanding student-loan debt at $1 trillion, the question families should be asking is whether it's worth borrowing tens of thousands of dollars for a degree from Podunk U. if it's just a ticket to a barista's job at Starbucks. When it comes to calculating the return on your investment, where you go to school does matter to your bank account later in life. Not surprisingly, research has found that a degree from a name-brand elite college, whether it's Harvard, Stanford or Amherst, carries a premium for earnings. But the 50 wealthiest and most selective colleges and universities in the U.S. enroll less than 4% of students. For everyone else, the statistics show that choosing just any college, at any cost for a credential, may no longer be worth it . . . Think a community-college degree is worth less than a cre...

Full article: http://www.theoildrum.com/node/9975

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