Are the Job Prospects of Recent College Graduates Improving?
The promise of finding a good job upon graduation has always been an important consideration when weighing the value of a college degree.
College May Not Pay Off for Everyone
In our recent Current Issues article and blog posts on the value of a college degree, we showed that the economic benefits of a bachelor’s degree still far outweigh the costs.
Staying in College Longer Than Four Years Costs More Than You Might Think
In yesterday’s blog post and in our recent article in the New York Fed’s Current Issues series, we showed that the economic benefits of a bachelor’s degree still outweigh the costs, on average, even in today’s difficult labor market.
The Value of a College Degree
Not so long ago, people rarely questioned the value of a college degree. A bachelor’s degree was seen as a surefire ticket to a career-oriented, good-paying job.
From Our Archive: Student Debt in Perspective
The Editors We read with interest a new Brookings Institution report, Is a Student Loan Crisis on the Horizon?, assessing the weight of the student debt burden. It was also pleasing to see the New York Times, several of our Twitter followers, and others citing work on this blog in counterpoint.
What Americans (Don’t) Know about Student Loan Collections
U.S. student debt has more than tripled since 2004, and at over $1 trillion is now substantially greater than both credit card and auto debt balances.
Just Released: Young Student Loan Borrowers Remained on the Sidelines of the Housing Market in 2013
Last year, our blog presented results from the FRBNY Consumer Credit Panel (CCP) indicating that, at a time of unprecedented growth in student debt, student borrowers were collectively retreating from housing and auto markets. In this post, we compare our 2012 findings to the news for 2013.
Just Released: Lifting the Veil—For‑Profits in the Higher Education Landscape
Higher education is pivotal in our society—yet, its landscape is changing. Over the past decade, the private, for-profit sector of higher education has seen unprecedented growth, and its market share is at an all-time high.
Waiting for Recovery: New York Schools and the Aftermath of the Great Recession
A key institution that was significantly affected by the Great Recession is the school system, which plays a crucial role in building human capital and shaping the country’s economic future.
Just Released: Mapping Changes in School Finances
This morning, the New York Fed released a set of interactive maps and charts illuminating school finances in New York and New Jersey.