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New Surveys Find Americans Losing Faith in the Value of a College Degree

The Pew Research Center and Gallup published new surveys that reveal that Americans are losing faith in the value of a college degree. According to the surveys, 29% of Americans say that college is not worth the cost and 49% say having a four-year college degree is less important for landing a high-paying job today than it was 20 years ago.

The shift in attitudes is driven by the escalating cost of college and ballooning student debt. Over the past 20 years, the average cost of public university in-state tuition and fees have increased by 171% for out-of-state students and 211% for in-state students. Tuition and fees at private colleges have also jumped by 144%.

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