If you feel like the most money you ever wasted was on your college degree, you’re not alone. Recent data from an ongoing Gallup-Purdue University study of college graduates found that just half of college alumni “strongly agree” their educations were worth the cost. That means every time a notice from Sallie Mae comes in the mail addressed to the other half they’re thinking, what did I go to school for?
The survey polls a nationally representative sample of about 30,000 college alumni so we’re talking about a lot of Americans weighing the debt of their education against the payoff they’ve likely yet to see. According to Slate, grads were asked to rate on a five-point scale how much they agreed with the statement “My education from [University Name] was worth the cost” and this is what was found:
Alumni who graduated between 2006 and 2015 and thus into a less stable employment market were less likely to agree that college was worth the price. About 38 percent of those graduates strongly agreed with the statement.