Is College Worth the Price?

Yes. Over the course of a lifetime, someone with a bachelor's degree is likely to earn $1.9 million more than a student with only a high school diploma. All indicators point to a growing difference between the earning power of a high school diploma and a college degree.

We know it costs a lot to go to college, but it's worth every penny. In fact, you can't afford not to go to college. You should think about paying for your education as an investment. It is an investment that will pay off significantly in the long run.

Paying for college may require some sacrifice on your family's part. It may also require some borrowing through student loan programs and work during school.

Below are the average annual wages according to the Bureau of Labor Statistics estimates for persons working in 2008 by the level of their highest degree.