Reply to More than 1 million fewer students are in college.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Again with the ROI poster.

My kid is not a Hedge Fund.[/quote]

Sure it's your money and your kids life[/quote]

I don't seek monetary profit from raising them.

[/quote]

We are talking about monetary waste and time waste
[/quote]

Overall, the ROI of college is strong financially and socially.  25% of college students marry an alum from their college--that also adds to the household ROI.  Health outcomes are higher for people with each year of college.
The kids who end up the worst--that can't get through college and take out excessive loans-- may not have the resources, skills, dispositions to move up the ladder in careers either.  Even if on average the ROI of a Psych degree is minimal (as modeled by the author), it's not nothing--and they got to spend 4 years improving their minds and their social circles and likely end up with a cushier job--and they didn't spend those 4 years working and still ended up in same or slightly better financial place than if they went straight to work.  They can also likely work a lot longer (the author modeled working until 65--people in non college-educated jobs are often pushed out of their careers at a younger age by health or physical limitations).[/quote]

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