“… while stagnant wages for college graduates have not kept pace with the growing cost of middle-class fixtures including purchasing health care, educating one’s children, and saving for increasing years of retirement,” the authors write. “College remains a good investment for both individuals and the state, but it is a ‘steppingstone’ to the middle class—not a ticket. As such, it deserves the scrutiny an individual would give to any risky investment.”
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