Why A College Degree Isn't Worth What It Once Was

There's an old joke that if you're being chased by a bear and you want to avoid being eaten, you actually don't have to run faster than the bear. You just have to run faster than the other guy. As it turns out, that joke may be critical to understanding the role college education plays in the modern economy. For a few decades now, economists' ideas about education have been dominated by the "human capital" theory — that more education gives people more skills, which makes them more productive, which means they earn higher wages.

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BING NEWS:
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BING SEARCH:
  • Quick Guide: Your College Degree Options
    There are generally four categories of college degrees: associate degree, bachelor’s degree, graduate degree, and doctorate or professional degree. Each category comes with its own particular subcategories, and there are some subtle differences between a doctorate and a professional degree.
    05/20/2024 - 8:01 pm | View Website
  • Types of College Degrees and What They Mean
    The shortest degree program is the associate track, which typically lasts two years and can be pursued in-person or online via community colleges and some four-year institutions. Graduates with an associate degree can either transfer to a four-year college to complete their bachelor’s degree or directly enter the workforce.
    05/20/2024 - 5:23 pm | View Website
  • Types Of College Degrees: Levels & Requirements
    The four types of college degrees are associate degrees, bachelor's degrees, master's degrees, and doctoral degrees. Colleges classify associate and bachelor's degrees as undergraduate degrees and master's and doctoral degrees as graduate degrees.
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  • Types of College Degrees | College Degree Levels
    Explore all types of college degrees and degree levels. Learn about the different types of degrees: associates, bachelor's degrees, master's and PhD degrees.
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  • Find Online Bachelor's Degree Programs
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    05/20/2024 - 8:05 am | View Website
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