At last, incomes for the latest college diploma-holders has risen to the highest level in more than a decade. And unemployment rates are falling quickly, according to a report from the Federal Reserve of New York.<\/p>\n
The image of recent grads working in coffee shops is fading. But the data show that their experience highlights a growing divide in the U.S. economy between those with college degrees and those without.<\/p>\n
Of course, graduates need the money. Most of them have huge college-education loans to pay off.<\/p>\n
Richard Deitz, a senior economist at the New York Fed, and his colleague Jaison Abel, have developed data which answers the question of whether a college degree is worth the cost anymore.<\/p>\n
The unemployment rate for college graduates has fallen from more than 7 percent in 2010 to just 4.9 percent recently. That is compared with a 5.3 percent jobless rate recently for all workers.<\/p>\n","protected":false},"excerpt":{"rendered":"
At last, incomes for the latest college diploma-holders has risen to the highest level in more than a decade. And unemployment rates are falling quickly, according to a report from the Federal Reserve of New York. The image of recent grads working in coffee shops is fading. But the data show that their experience highlights […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-87","post","type-post","status-publish","format-standard","hentry","category-insurance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t