College is worth it, but students are growing sceptical

For decades, research showed that earning a degree is almost always worthwhile. However, some experts in the United States say the value of a bachelor degree is now fading as college costs remain high and a shortage of workers increases opportunities in the labour force – with or without a diploma, writes Jessica Dickler for CNBC News.

A growing number of companies, including many in tech, are dropping degree requirements for middle-skill and even higher-skill roles. In his State of the Union address last month, President Joe Biden said some new jobs are “paying an average of US$130,000 a year, and many do not require a college degree”.

“Good luck” finding those roles, said Anthony Carnevale, director of Georgetown University’s Center on Education and the Workforce. “Jobs for people without college degrees that pay over US$130,000 a year make up 1% of the American economy.”
Full report on the CNBC site