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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

Abstract: 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)
Date: 2019-06-03
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