Cost of college: Grads break even by age 33

With recent studies it is determined that the typical student attending a four-year public university, the financial investment in college beigins to pay off at about age 33. This informations is compared with a high school graduate who enrolled in a public university at age 18 has earned enough by then to compensate for being out of the labor force for four years and for borrowing enough to pay tuition and fees without grant aid.

Looking at these studies and comparing them to the unemployment rates that have increased faster among people with a high school diploma but no college degree, the reports says that college grads are more likely to excercise, volunteer, vote and read to their kids, and are less likely to be obese and smoke.

With the later years it was critized by the advice given to both those students going to college or those that choose not to. This year the reports solution is not to advize students to skip college but to provide better information and advice as well as be more generous with financial support.

This issue has struck me as so important because the audience of the topic of this article is "us," college students that are on the brink of graduating within the next couple of years. Many of us have student loans out and are nervous about the fairly low economy that they will be entering the job force. It is important to be aware of that "real world" that we will soon be entering, some sooner than others.

Information gained from: http://www.usatoday.com/news/education/2010-09-21-educationpaysONLINE21_ST_N.htm