Wednesday, April 17, 2013

Smaller Share of High School Grads Going to College

The college enrollment rate — the share of recent U.S. high-school graduates enrolling in college or a university in the same year — dropped in 2012 to 66.2%, the lowest level since 2006, the Labor Department said in a report today. For 2012 graduates, the rate dropped for both men and women, to 61.3% from 64.6% in 2011, and 71.3% from 72.3%, respectively.

There was a bump in those entering college when the recession hit, and there was little else to do, but for many it makes no sense to get degrees (unless it is a technical degree) and it is becoming obvious .

Increasing government involvement in education at the college level has ruined the value of college degrees for most. Wait until you see what Obamacare is going to do to healthcare in this country.

(Chart via WSJ)

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