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College Board Study: The Benefits of Higher Education

By Roshan Tolani

The College Board recently released a report on a study it conducted regarding the rewards higher education offers to individuals, their families, and society.

The report, titled "Education Pays: The Benefits of Higher Education for Individuals and Society," was released during a panel discussion on Capitol Hill. It reveals that citizens who complete higher education receive more monetary and non-monetary benefits. It also says that college graduates help other individuals in their communities.

The first part of the College Board report highlights several positives associated with higher education, while the second part focuses on statistics. The report also sheds light on prevailing demographic disparities in postsecondary education.

The College Board's report makes the following observations:

Those who obtain higher education have more opportunities to gain monetary and non-monetary benefits.
With every level of education, employee access to health benefits and pension plans increases.
About 70% of full-time employees with at least a bachelor's degree are eligible for pension plans.
Higher education lowers unemployment and poverty levels.
As education levels increase, tolerance for others' opinions also increases.
Those with higher levels of education participate in civic duties such as volunteer work, voting, and blood donation.
The children of parents who have obtained higher education participate in more extracurricular activities.
Workers with lower levels of education who live in areas where others have higher levels of education have better chances of earning more.
Those who enroll in college at 18 and graduate in four years earn enough in 11 years to compensate for borrowing to pay for college tuition and make up for wages forgone while in college.
College graduates who work full-time year-round pay about 134% more in federal taxes than workers who have only graduated from high school.

The findings of the report should play a significant role in motivating U.S. policymakers to make higher education accessible to all segments of society.

	Article Title : College Board Study: The Benefits of Higher Education
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