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A Four-Year Degree Is Still a Gateway to Greater Wealth in U.S.

College premium is still alive despite post-recession decline

Four-year degrees in the U.S. are still a gateway to increased wealth over a lifetime, according to the latest Federal Reserve Survey of Consumer Finances. Still, the picture isn’t completely rosy for graduates, as both median net worth and income for degree-holding households haven’t reached their pre-recession peak. That’s even as costs of attending college continue to rise and student debt has ballooned to $1.3 trillion, according to the New York Fed.

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