The expected income and wealth boost from earning a college degree has slowly been shrinking while the cost of college and student debt burden has been rising, according to a report from the Economic Policy Institute (EPI).
The so-called “college premium” steadily rose throughout the 1980s and early 1990s, but the growth began to slow by the mid-1990s, EPI found. (A 2018 report from the St. Louis Fed noted that this was an ongoing trend, particularly for people of color.)
At the same…
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