The Federal Reserve Bank of New York released a study this week demonstrating that during and after the Great Recession, college graduates suffered less financially than those without a college degree.
Time and time again similar studies have shown that having a college degree is a key to getting and keeping a job in good times and in bad. I can already hear skeptics saying not everyone needs to go to college to get a job. I hesitantly agree, but without a college education you are stacking the odds against your ability to sustain a job and to increase your earning ability throughout your working life.
College enrollments are counter-cyclical to the economy. Community college enrollments across the region and nation have been declining. When unemployment is low, people have jobs, and college may not be a priority.
As a college leader who witnesses student success daily, I encourage folks to consider attending a community college — more specifically Clark College. Earning a degree, certificate or skill at Clark is one of the best investments one can make in their future. There is no better return on investment than an investment in education.
Clark College and other Washington community and technical colleges are a great value. Our tuition is roughly half that of state four-year institutions. Tuition at for-profit schools can be five times Clark’s cost per credit. Our average classroom size is about 20 students to 1 instructor, giving students more one-on-one interaction with instructors. Attending school near home or family allows students to save on room and board costs. After attending Clark, students are better prepared to finish their bachelor’s degree while potentially saving them tens of thousands of dollars along the way.