General

The Value of an Undergraduate Degree

Did you know that 34 is a magical age for those with an undergraduate degree?

According to College Board’s “Trends in Higher Education Series” (2016), a college undergraduate who enrolls in a four year degree program at age 18 and graduates within four years will have earned enough additional income by the age of 34 so that, when compared to a high school graduate who immediately began work in the labor force and did not attend college, the college graduate has fully recouped the cost paid for tuition, books, and supplies without any grant aid AND the income lost during the four years the student attended college instead of joining the labor force immediately after high school. After 34, those with an undergraduate degree earn 66% more than those with a high school degree throughout their lifetime.