News / Did You Know ... How a College Degree and a New Car Compare?

By Sam Rauschenfels
Wednesday, January 30, 2019

 Cost  DidYouKnow  HigherEd
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Did you know that the value of a new car (purchased for the average new car price of around $32,000) is worth ONE-THIRD of that initial value five years later? Comparatively, the value of a college degree - "purchased" for the average student loan debt of $26,000 - is worth 12 TIMES that initial investiment after five years! 

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Sam Rauschenfels