👨‍🎓 Despite soaring student loans, artificial intelligence, and falling confidence in the value of a college education, it still pays to get a degree.

As shown below, the wage gap between college and high school grads keeps widening. Even those who attend college but don’t graduate earn more over a lifetime than people who don’t go to college at all.

“We’re in an economy that puts a premium on high skill, knowledge, idea generation,” noted one New York Fed official.

— Matthew & Shawn

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