The latest NBC News poll shows two-thirds of registered voters down on the value proposition of a degree. A majority said degrees were worth the cost a dozen years ago.
Americans have grown sour on one of the longtime key ingredients of the American dream.
Almost two-thirds of registered voters say that a four-year college degree isn’t worth the cost, according to a new NBC News poll, a dramatic decline over the last decade.
Just 33% agree a four-year college degree is “worth the cost because people have a better chance to get a good job and earn more money over their lifetime,” while 63% agree more with the concept that it’s “not worth the cost because people often graduate without specific job skills and with a large amount of debt to pay off.”
And Millennials faced the same thing when graduating college right into the wake of the 2008 crash. Thousands of dollars in debt where paying the minimum could leave you owing more than you started, and into a job market flooded with not just recent graduates but many veteran workers who had lost their jobs. Baristas with Ivy League degrees and no social safety nets.
Told their entire lives that good grades and a college degree were the path to happiness and a job better than flipping burgers at a McDonalds, only to graduate and be called entitled for not wanting to flip burgers with your masters degree.