(ZEROHEDGE) – Growing disillusionment over the value of a four-year college degree has has many high school graduates and their parents rethinking whether it's the right financial decision.
In a recent Gallup poll, 46% of parents said they would prefer their child pursue an alternate to a bachelor's degree - with more than one-third citing finances as an obstacle. And according to a Federal Reserve study, just 56% of adults under age 30 who have degrees say the benefits outweigh the costs, Bloomberg reports.
In general, the older one is, the more value they see in the value of college - which is supported by data. Overall, a bachelor's degree increases a person's lifetime earnings by 75% vs. those with a high school diploma, according to (not exactly unbiased) research from Georgetown.
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