Is college worth the 172 percent price increase over the last 9 years? The cognitive dissonance between rising tuition and falling wages.

I think most people would agree. One quote I've heard goes something like "Every skill you learn doubles your chance of future success." While skills do not necessarily equate to knowledge learned, education (even informal) leads to more opportunities and even skills.

The question stands, however, is how much college is worth it? I think we could agree certain careers like doctors more prove more beneficial by spending more time in formal education before entering the field. Although other careers don't demand the same kind of preparation before entering the job market.

Also, what kind of argument is there against going to college another two years pursuing double degrees? Should that rational supply the same argument against pursing even the first degree? Should people continue education into their 20's before entering the job market? Their 30's? Or purhaps formal education should be restructured to accommodate people of all ages or like to continue learning throughout their life. Why should advanced formal education in our culture only be a thing for young people? I love learning, but formal education can be pretty demanding in a persons life. I believe I've only benefited from taking classes like world religions, philosophy, psychology, and marketing that have taught me so much valuable knowledge. I can't only speculate how much more I could be learning from continuing formal education. But is it really worth it?

So the question I hope society spends more time answering is, how much college is worth it? I think education is only ever better for individuals and collectively as a society. But I think we need to turn it down a few notches as a society. Even four year degrees, however beneficial they may be, are becoming an expensive commitment.

/r/economy Thread Parent Link - mybudget360.com