Majority Doubt College Degree Is Good Investment

(p. A3) A majority of Americans don’t think a college degree is worth the cost, according to a new Wall Street Journal-NORC poll, a new low in confidence in what has long been a hallmark of the American dream.

The survey, conducted with NORC at the University of Chicago, a nonpartisan research organization, found that 56% of Americans think earning a four-year degree is a bad bet compared with 42% who retain faith in the credential.

Skepticism is strongest among people ages 18-34, and people with college degrees are among those whose opinions have soured the most, portending a profound shift for higher education in the years ahead.

For the full story, see:

Douglas Belkin. “More Say Colleges Aren’t Worth the Cost.” The Wall Street Journal (Saturday, April 1, 2023): A3.

(Note: the online version of the story has the date March 31, 2023, and has the title “Americans Are Losing Faith in College Education, WSJ-NORC Poll Finds.”)

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