The college premium

On Community College Spotlight:  College graduates are much less likely to be unemployed than workers with only a high school diploma, but some question whether the college advantage is worth taking on debt.

Community colleges are reaching out to high-risk students — especially Hispanics — to get them from high school to community college to a four-year degree.

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  1. College graduates are much less likely to be unemployed than workers with only a high school diploma, but some question whether the college advantage is worth taking on debt.

    And some question the direction of the causality (or even if there is any causality). It is quite easy to imagine that the sorts of behaviors and attributes (e.g. reliability and smarts) that make it likely that one can graduate college are the sorts of behaviors that make it more likely that one finds and keeps a job.

    In this case, the college degree isn’t *adding* much to the ability to stay employed, but is valuable at indicating who is more likely to do so.

    -Mark Roulo

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