Investment in Education

Paper Summary:

This paper analyzes and examines whether a college education is a wise investment. It discusses factors that influence an individual's decision of whether to attend college, and what factors influence an individual's choice of majors if he/she decides to attend college. Society's stake in the higher education of individuals is reviewed. The paper concludes with recommendations for individuals deciding whether to attend college.

From the Paper:

"Few issues in life have a clear, uniform answer. College education is one such issue. Traditionally, individuals and society have viewed college education as the primary key or starting point to obtaining a successful career. However, the increase in unemployment and the ensuing severe and decline in the Dow Jones Industrial Average and Nasdaq illustrate that a college education is no longer a guarantee that an individual will be successful."

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