Between rising tuition and a tight job market, getting a bachelor’s degree is an increasingly daunting prospect these days. Per a May 2024 Pew Research Center survey, just 1 in 4 adults believe a college degree is necessary to secure a high-paying job.
Many second-guess the value of college because of the cost. For the 2024-2025 school year, annual tuition and fees averaged more than $11,600 at in-state public universities, a nearly 3% increase from the previous year. Tuition at private schools increased by roughly 4% in the same time period.
Besides financial concerns, there are career opportunities to consider. Though the job market in the United States shifts from month to month, the unemployment rate for recent college graduates aged 22 to 27 reached 5.8% in March 2025, according to data from the Federal Reserve Bank of New York. For context, that’s more than double the unemployment rate of all college graduates…