Crosswalk.com aims to offer the most compelling biblically-based content to Christians on their walk with Jesus. Crosswalk.com is your online destination for all areas of Christian Living – faith, family, fun, and community. Each category is further divided into areas important to you and your Christian faith including Bible study, daily devotions, marriage, parenting, movie reviews, music, news, and more.

Jim Liebelt Christian Blog and Commentary

Why a College Degree Still has Value

  • Jim Liebelt
    Jim is Senior Writer, Editor and Researcher for the HomeWord Center for Youth and Family at Azusa Pacific University. Jim has over 25 years of experience as a youth and family ministry specialist, and has been on the HomeWord staff since 1998. He has served over the years as a pastor, author, youth ministry trainer, adjunct college instructor and speaker. Jim’s culture blog and parenting articles appear on HomeWord.com. Jim is a contributing author of culture and parenting articles to Crosswalk.com. Jim and his wife Jenny live in Olympia, WA.
  • 2011 May 05
  • Comments

In recent years, it has become more fashionable than ever to equate higher education with homeownership: once a rock-solid piece of the American Dream, now a fool's bet and a sad reminder of overinflated expectations.

But in reality, demand for an American-style college education, and the long-term value of said degree, is unlikely to decline any time soon. Here's why:

1. College degrees are still relatively scarce in the U.S. Less than 30 percent of the population have BAs, and we're 12th in the world in the rate of young workers that have associate's degrees or more.

2. Global demand for education keeps growing--it's on track to double over the next 10 years, to over 225 million students worldwide. According to UNESCO, India would have to build a new campus every two weeks between now and 2025 just to meet the demand. And the U.S. model is still the most desirable internationally.

3. A college degree, unlike a home, is nontransferable. It can't be flipped. Nor can it be foreclosed on.

Source: Fast Company
http://www.fastcompany.com/1751087/why-college-is-not-a-bubble-except-for-the-university-of-phoenix

Related: Some degrees have more value than others. The Daily Beast provides a gallery of the "20 Most Useless Degrees".