A college education can be extremely expensive, and families have full reason to worry about how much they need to save, the potential burden of student debt, the rising costs of non-tuition expenses — all of it. It’s also true, however, that part of the challenge of paying for college is simply figuring out what the real price will be and what you’re getting for that price. At 83% of colleges, the majority of students go on to earn sufficiently more money than the typical high school graduate to recoup their investment in 10 years, according to a new report from the Institute for Higher Education Policy, a nonprofit research organization. It’s the latest in a long line of research that shows, on average, college does pay off financially.
