Higher Education in America Quiz
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Questions and Answers

What did more than half of the respondents in a Wall Street Journal poll say about a bachelor’s degree?

  • It isn’t worth the cost (correct)
  • It is essential for success
  • It guarantees a high-paying job
  • It leads to excessive debt
  • What did the recent New York Times Magazine cover story highlight about the new economics of higher ed?

  • It leads to immediate career success
  • It guarantees high returns on investment
  • It makes going to college a risky bet (correct)
  • It ensures financial security
  • What did the research from the Federal Reserve Bank of St. Louis find regarding rising student-loan burdens?

  • They have increased the value of a four-year degree
  • They have no impact on the value of a four-year degree
  • They have lowered the value proposition of a four-year degree (correct)
  • They have made a four-year degree more accessible
  • What does the text suggest about the college wage premium historically?

    <p>It has always been massive</p> Signup and view all the answers

    What does the text imply about the economic reality for most young people with a four-year college degree?

    <p>They are still far better off</p> Signup and view all the answers

    Study Notes

    Respondents' Opinions on Bachelor's Degree

    • More than half of respondents in a Wall Street Journal poll believe a bachelor's degree is no longer necessary for success in today's job market.

    New Economics of Higher Education

    • The New York Times Magazine cover story emphasizes a shift in the value of a college degree, questioning its return on investment amid rising tuition costs and student debt.

    Research on Student-Loan Burdens

    • Research from the Federal Reserve Bank of St. Louis indicates that student-loan burdens have escalated, contributing to financial strain for graduates and affecting their ability to purchase homes or save for the future.

    College Wage Premium Historically

    • Traditionally, individuals with a college degree enjoyed a significant wage premium, earning substantially more than those without a degree, which has been a driving force for higher education enrollment.

    Economic Reality for Young College Graduates

    • The economic reality for most young people with a four-year college degree is challenging, with many graduates facing underemployment or jobs that do not require a degree, making it difficult to pay off student loans and achieve financial stability.

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    Description

    Test your knowledge about the current state of higher education in America with this insightful quiz. Explore key findings from recent polls and articles, and gain a deeper understanding of the shifting perceptions and economic realities surrounding obtaining a college degree.

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