Is College a Worthwhile Investment

@article{Barrow2015IsCA,
  title={Is College a Worthwhile Investment},
  author={Lisa Barrow and Ofer Malamud},
  journal={Annual Review of Economics},
  year={2015},
  volume={7},
  pages={519-555}
}
This article surveys the existing evidence on the return to a college education and offers new calculations based on recent data. We focus on an individual’s decision and outline the standard conceptual framework used by economists to analyze investments in education. We then compare alternative estimates of the value of a college education in the literature and reconcile them with our own preferred estimates. We also conduct a selective review of the literature seeking to estimate the causal… 

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