Ten states have enacted measures that let students and their parents see average actual earnings for degree programs one, five and 10 years after graduation, along with average student loan burdens (“Florida Helps Families See Behind the College Curtain,” The Wall Street Journal, Mar. 18). I say the measures are long overdue.
The fact is that we have been wildly oversold on the importance of a four-year degree. When the cost is adjusted for the loss of income during the four years spent in class and incurred debt, many young people would be far better off with a certificate and an apprenticeship. Yet I doubt that anything will deter high schoolers from pursuing a bachelor’s degree.
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