The question, as individuals slowly dig out from under the wreckage left by the Great Recession, is unavoidable: "Is college worth it?" The authors' answer: "Yes, extensive research, ours included, finds that a college degree is still worth it." A Bachelor's degree is one of the best weapons a job seeker can wield in the fight for employment and…

The Great Recession that began in December 2007 laid bare many of the shortcomings of the American workforce, especially the lack of workers with postsecondary education. A large majority of jobs lost in the recession and in the recovery had been held by workers with a high school diploma or less. The only real gains made during the still…

The rising cost of college education and high unemployment levels among recent college graduates are raising the question "Is college worth its cost?" in the minds of many Americans. A recent study published by the Associated Press found that one out of every two recent college graduates is jobless or underemployed, suggesting maybe college isn't…

The United States has been underproducing college-going workers since 1980. Supply has failed to keep pace with growing demand, and as a result, income inequality has grown precipitously. From 1915 to 1980, supply grew in tandem with demand. But, starting in 1990, the share of college-educated young people in the workforce rose very slowly. If the…

Over the years, there has been a persistent lack of available information about the economic consequences of choosing one academic major over another. As a result, students have had little financial data on hand to help them choose between majors. No longer. This report finds that different majors have different economic value. While going to…

These Selected Findings are part of a larger report: "What's It Worth?: The Economic Value of College Majors." In the full report, readers can find detailed information about earnings, broken down by 171 different undergraduate majors and a variety of demographic factors. The study also analyzes the likelihood that students in specific majors…

The recession that began in December of 2007 is already 30 months old, but the U.S. economy will not recover its pre-recession employment levels for at least another two years. From there, it will take an additional three years to make up for lost growth and create a job market strong enough to employ both the casualties of the recession and the…

America is slowly coming out of the Recession of 2007--only to find itself on a collision course with the future: not enough Americans are completing college. The Georgetown University Center on Education and the Workforce shows that by 2018, the nation will need 22 million new college degrees--but will fall short of that number by at least 3…