It takes 11 years to break even after college

    April 7, 2008
    It takes the average college student at a public university about 11 years to break even after paying for school and missing about four years worth of earning power. For those attending more pricey private schools, the breakeven point comes after about ...

    It takes the average college student at a public university about 11 years to break even after paying for school and missing about four years worth of earning power. For those attending more pricey private schools, the breakeven point comes after about 18 years. This statistic comes from the College Board responding to criticism from Charles Miller, the former chairman of the federal Commission on the Future of Higher Education. Miller essentially said the Board was overstating the monetary pay back from higher education. You can read some of the details and the comments they elicited in the Chronicle of Higher Education news blog:

    http://chronicle.com/news/article/4258/college-board-responds-to-charles-miller

    About the Author

    Lee Teschler | Editor

    Leland was Editor-in-Chief of Machine Design. He has 34 years of Service and holds a B.S. Engineering from the University of Michigan, a B.S. Electrical Engineering from the University of Michigan;, and a MBA from Cleveland State University. Prior to joining Penton, Lee worked as a Communications design engineer for the U.S. Government.

    Continue Reading

    Sponsored Recommendations

    June 6, 2025
    In the rapidly evolving landscape of industrial manufacturing, reliability, productivity, and worker safety take precedence. However, traditional connectivity approaches often...
    June 6, 2025
    Amidst the rapid evolution of electronics manufacturing, reliability, productivity, and worker safety remain paramount concerns. Yet, traditional connectivity methods often falter...
    June 6, 2025
    While many within the industrial manufacturing sector grasp the importance of smart manufacturing for optimizing processes, boosting productivity, and future-proofing operations...
    June 6, 2025
    For electronics manufacturers grappling with formidable challenges, navigating the path to success requires adapting to the dynamic landscape of the industry. How can electronics...

    Voice your opinion!

    To join the conversation, and become an exclusive member of Machine Design, create an account today!