PSE still worth the investment, says US Federal Reserve Bank

June 26, 2014

A college degree is still worth the investment, reports the Federal Reserve Bank of New York (FRB), regardless of rising tuition costs and declining pay in a poor job market. The assertion comes as a result of a study FRB conducted on whether a college or university degree is worth the investment; the study found that graduates have been getting around a 15% return on bachelor’s degrees for the last decade. However, the study also found that certain majors yielded better returns; engineering majors got the best return (21%), followed by those who majored in math, health and computers (18%), and business (17%). Education majors received the lowest return on investment at 9%. The study also found that even underemployed graduates would have a worthwhile return over their lifetime. Businessweek | Report