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Society and Culture, Education, Pethokoukis

NY Fed: Yes, go to college — but your mileage may vary

Over at the New York Fed, Jaison R. Abel and Richard Deitz “dig into the data” to determine how much a college degree is worth. In the first installment of their four-post series they show that “despite what appears to be a set of alarming trends, the value of a bachelor’s degree for the average graduate has held near its all-time high of about $300,000 for more than a decade.” read more >

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Economics, Society and Culture, Education

How to reform the federal PLUS college loan program

The Department of Education has released a proposal to ease credit check requirements for the federal PLUS loan program. The PLUS loan program allows graduate students and parents of undergraduates to borrow up to the cost of attendance with no annual or aggregate limits, leading many to worry that these programs encourage over-borrowing and tuition inflation. read more >