President Barack Obama has harped on the benefits of higher education during his Presidency; but according to a new survey, fewer and fewer people see the advantage of a college education.
The new report reveals that 57 percent of people think college is a good financial investment. That number was 81 percent at the beginning of Obama’s term.
About one in four people said that attending college is not worth the money.
While those with a college degree are more likely to find a job out of college, June’s report showed that 4.1 percent of graduates are unemployed. Also worthy of consideration: The price of college continues to increase. Those two factors are likely behind the new trend.
During a recent speech at the University of North Carolina, Obama said: “College education is one of the best investments America can make for our future.” But the new survey reveals that many Americans don’t agree. Confidence in a college education is plummeting.