63% of Americans Polled say Four-Year College Degrees Aren't Worth the Cost

Almost two-thirds of registered U.S. voters 'say that a four-year college degree isn't worth the cost,' according to a new NBC News poll:

Just 33% agree a four-year college degree is 'worth the cost because people have a better chance to get a good job and earn more money over their lifetime,' while 63% agree more with the concept that it's 'not worth the cost because people often graduate without specific job skills and with a large amount of debt to pay off.' In 2017, U.S. adults surveyed were virtually split on the question — 49% said a degree was worth the cost and 47% said it wasn't. When CNBC asked the same question in 2013 as part of its All American Economic Survey, 53% said a degree was worth it and 40% said it was not. The eye-popping shift over the last 12 years comes against the backdrop of several major trends shaping the job market and the education world, from exploding college tuition prices to rapid changes in the modern economy — which seems once again poised for radical transformation alongside advances in AI...

Remarkably, less than half of voters with college degrees see those degrees as worth the cost: 46% now, down from 63% in 2013... The upshot is that interest in technical, vocational and two-year degree programs has soared.

'The 20-point decline over the last 12 years among those who say a degree is worth it — from 53% in 2013 to 33% now — is reflected across virtually every demographic group.'

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