The Cost of College Continues to Climb
Richard Deitz and
Jaison R. Abel
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Jaison R. Abel: National Regulatory Research Institute (Ohio State University)
No 20190603, Liberty Street Economics from Federal Reserve Bank of New York
In the first of two posts, our bloggers examine the rising cost of college and whether getting a college degree is still ?worth it.? They update their 2014 study by estimating the cost of college in terms of both out-of-pocket expenses and opportunity costs. They find that the cost of college has increased sharply over the past several years as opportunity costs have increased, substantially owing to a rise in the wages of those without a college degree.
Keywords: Cost; College; Tuition (search for similar items in EconPapers)
JEL-codes: Q1 (search for similar items in EconPapers)
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