$ ~edev jim@extroverteddeveloper ../../posts homeprojectsblog

$ cd ~/blog && $ cat a-2019-study-by-federal-reserve-economists-found-that-although-a-college-education-still-provides-a-boost-in-earnings-the-increase-in-wealth-a-degree-provides-has-declined-significantly-over-the-past.md

A 2019 study by Federal Reserve economists found that although a college education still provides a boost in earnings, the increase in wealth a degree provides has declined significantly over the past fifty years, due to the rising cost of college and the increase in other forms of consumer debt.

2025-07-28·1 min read

Now throw AI on top of that and college isn’t looking like the ladder to the middle class it once was (if you need to take loans)

https://bidenwhitehouse.archives.gov/cea/written-materials/2024/04/08/the-economics-of-administration-action-on-student-debt/