College Data: An additional $1 tuition gives you $0.45 extra salary six years after college enrollment

Eugen G Tarnow  September 24 2015 04:02:19 PM

By Eugen Tarnow, Ph.D.
Avalon Business Systems, Inc.
http://AvalonPredictiveAnalytics.com

From the new college attendance data released by the Obama administration, one finds that earnings six years after enrollment are weakly but positively correlated with the cost of attendance.  For every $1 in extra tuition, the yearly salary increases by $0.45 per year.  

Is this enough to justify an expensive school?  If the college education took 4 years, it would take another 9 years to pay off the additional cost.  Is it worth it - you decide!  





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