Americans are losing faith in the value of a four-year college degree. A Wall Street Journal poll last year showed that just 42 percent of respondents believed that it was worth the cost, down from 53 percent a decade ago. Prospective students have taken this to heart: undergraduate enrollment is down relative to 2019.
Are young people right to shun college? The answer is complex. College can be a path to a better life—but not always.
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