College Board Reports, "Education Pays," But Others Aren't Convinced

This week the Chronicle of Higher Education reports a new study by the College Board that offers evidence that the more educated you are, the more money you're likely to earn over a lifetime. Quoted in the article are Richard Vedder of the Center for College Affordability and Productivity and Charles Miller, former chairman of the federal Commission on the Future of Higher Education, who both raise some tough questions about the report's findings. Peter Wood also answered the hypothesis that a college degree is still the best investment in his recent article "The Bubble: Higher Education's Precarious Hold on Consumer Confidence."