The numbers are in, and they’re very impressive.
The first in a series of recent articles in The New York Times*, citing U.S Census Bureau statistics and a number of carefully structured telephone polls, provides a wealth of solid evidence strongly validating EduCap Inc.’s long-held assertion that higher education is the best route to economic success in America.
The Times survey revealed that fully 63% of Americans with annual household incomes of $150,000 or more have a bachelor’s degree or better. Add in individuals with an associate’s degree or “some college,” and that number increases to a hefty 83%.
That’s quite a convincing correlation by any standard – and it’s buttressed by a number of other factors cited in the article. For example, commenting on the loss of millions of American jobs to inexpensive overseas labor over the past two decades, the authors conclude, “Clearly, a degree from a four-year college makes even more difference [today] than it once did.”
EduCap couldn’t agree more.
That’s why we continue to maintain that higher education is not a cost, but a worthy investment – far and away the best avenue to realizing the American dream.
* “Class in America” by Janny Scott and David Leonhardt, The New York Times, Sunday, May 15, 2005