Why higher education won't solve our economic woes

Low incomes don't result from workers missing out on college — they result from how society chooses to arrange the economy around them.

College graduate
(Image credit: (AP Photo/Lisa Poole))

Is it still worth it to go to college?

In recent years, this has become a contentious issue. The latest volley comes from Bloomberg, which pointed out last week that the "college premium" — the difference between what workers with a bachelor's degree or higher earn, versus workers with just a two-year degree, some college, or just a high school diploma — was as high as $17,500 for younger workers in 2013. That's according to research by Pew, which also found that the college-educated can expect to make around $500,000 more over their lifetimes.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.