Though entry-level wages dropped $10,000, college still the best investment

By Sean R Parker

For the Deseret News

Published: Tuesday, Sept. 25 2012 9:59 a.m. MDT

While college graduates earn $10,000 less than in 2005, they still earn more in their lifetime than those who didn’t earn a diploma, according to CNN Money.

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While college graduates earn $10,000 less today than in 2005, they still earn more in their lifetime than those who didn’t earn a diploma, according to CNN Money.

Wages for entry-level college graduates dropped below that of all other workers ages 18 and higher, economist Diana Carew told CNN Money

Forty percent of eligible voters 18 to 29 neither have a college diploma, nor are they seeking one. The unemployment rate for employees with just a high school education is twice as high as that of diploma-holders, according to the New York Times.

In 2010, college graduates at age 50 earned over $46,000 more than the average high school graduate, making a college education the investment that beats the stock market, gold and housing CNN Money reported.

EMAIL: sparker@desnews.com

TWITTER: @SeanRParker

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