Nearly Two-Thirds Of Americans Say College Degree Isn’t Worth The Cost: Poll

Authored by Gabrielle Temaat via The College Fix,

Nearly two-thirds of Americans don’t believe that a college degree is worth its price tag, according to a recent NBC News survey.  

Sixty-three percent of registered voters said a four-year degree is “not worth the cost because people often graduate without specific job skills and with a large amount of debt to pay off,” according to the poll. 

Meanwhile, only 33 percent said a degree is “worth the cost because people have a better chance to get a good job and earn more money over their lifetime.” 

The survey included 1,000 registered voters, with 655 interviewed by cellphone and 300 reached through an online questionnaire sent via text message.

Responses varied significantly depending on the respondents’ political party affiliation.

Only 22 percent of Republicans said college is worth the cost while 47 percent of Democrats said a degree is worth pursuing. 

Asked about the primary factor eroding their confidence in the value of a college education, respondents overwhelmingly cited escalating tuition costs.

Further, respondents were much more evenly split on the question eight years ago. In 2017, 49 percent felt a college degree was worth the price, while 47 percent disagreed, NBC News reported. 

Democratic pollster Jeff Horwitt of Hart Research Associates conducted the survey with Republican pollster Bill McInturff of Public Opinion Strategies.

“It’s just remarkable to see attitudes on any issue shift this dramatically, and particularly on a central tenet of the American dream, which is a college degree. Americans used to view a college degree as aspirational — it provided an opportunity for a better life. And now that promise is really in doubt,” Horwitt said. 

He also said he was surprised by how widespread the shift has been. Attitudes have changed across all groups, not just among those without college degrees.

“This is a political problem. It’s also a real problem for higher education. Colleges and universities have lost that connection they’ve had with a large swath of the American people based on affordability,” Horwitt said. “They’re now seen as out of touch and not accessible to many Americans.”

College tuition has surged, roughly doubling in the past 20 years, and doubling again from two decades before, The New York Post reported. 

At some universities, including the University of Chicago, Vanderbilt, Dartmouth, and Columbia, annual costs to attend the school are nearing $100,000, The College Fix previously reported.