In general, people with more education are more likely to be employed and to make more money than those with less education.
The 2011 unemployment rate for recent college graduates with bachelor’s degrees (9 percent) is much lower than for those with only a high school diploma (23 percent). Even a certificate from a community college can lead to a big payoff.
Now a new study based on data from the National Technical Institute for the Deaf puts more numbers on the value of college. The study is notable because it actually tracks students from college and into adulthood, looking at data including former students’ earnings and welfare status.