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College Education Proves More Valuable Than Ever, Despite Public Skepticism
By John A. Tures, Professor of Political Science, LaGrange College
Despite growing public skepticism about the value of higher education, recent examples from sports figures, political leaders, and economic data suggest that college degrees remain not only worthwhile but increasingly valuable investments.
Atlanta Braves catcher Drake Baldwin demonstrated this commitment to education when he graduated from Missouri State University this December, just one month after winning the National League Rookie of the Year Award. Baldwin, who majored in business, represents a rare breed of professional athletes who complete their degrees while competing at the highest levels of their sport.
Eric Cole, writing for “House That Hank Built,” noted the significance of Baldwin’s achievement: “The number of guys that get drafted, make it to the major leagues, and go back to finish their degree while they are playing is a very small list.” Cole added that Baldwin’s decision reflects smart long-term planning, as his business education could help manage his current earnings and potentially position him for a front office role after his playing career ends.
In a more somber but equally revealing case, former Alabama star wide receiver and NFL player Henry Ruggs III recently earned his Bachelor of Science in Commerce and Business Administration from the University of Alabama—while serving a prison sentence. Ruggs, who isn’t eligible for parole until next year, prioritized completing his degree even under the most challenging circumstances.
The value of higher education has also found an advocate in former Republican Georgia Governor Sonny Perdue. “College pays,” Perdue stated plainly, according to the Atlanta Journal-Constitution. “We can’t afford to pretend otherwise.” Earlier this year, Perdue highlighted the economic impact of Georgia’s universities, noting they contribute approximately $23 billion to the state economy.
These individual examples align with broader economic data that consistently shows significant financial returns on college investments. According to Georgetown University’s Center on Education and the Workforce report “The College Payoff,” bachelor’s degree holders generally earn 75% more than those with only high school diplomas. Over a lifetime, college graduates can expect to earn a median of $2.8 million compared to $1.6 million for high school graduates.
The economic advantage of college degrees has actually widened in recent decades, according to Pew Research Center data. This growing gap applies consistently across gender lines, with both men and women seeing enhanced earnings potential through higher education.
The financial returns become even more apparent over time. EducationData.org reports that while the average bachelor’s degree may show a negative return on investment (-4.09%) in the first decade after graduation, requiring approximately 11 years to recoup costs, the long-term benefits are substantial. The projected average starting salary for someone with a bachelor’s degree in 2025 is $68,392, with median earnings among degree holders aged 25 to 64 reaching $85,296.
More impressively, an average bachelor’s degree yields a 681.95% lifetime return on investment, with median returns potentially reaching 1,041.85%—figures that would outperform many traditional investment vehicles.
The negative perceptions about college value appear driven by several factors. Political criticism portraying universities as having liberal bias has intensified in recent years. Additionally, concerns about rising tuition costs and student debt burdens have dominated headlines, sometimes overshadowing the long-term financial benefits.
Financial experts like those at Sqwire characterize college debt as “good debt” because it typically appreciates in value, unlike consumer debt for depreciating assets. Nevertheless, the public discourse around higher education costs often fails to distinguish between different types of debt or account for lifetime earnings potential.
The disconnect between public opinion and economic reality presents a troubling paradox. While polls increasingly show Americans questioning whether college is “worth it,” virtually all empirical evidence points to college degrees becoming more valuable, not less, in today’s knowledge-based economy.
The examples of Baldwin and Ruggs—one at the beginning of a promising career, the other seeking redemption and preparation for life after incarceration—illustrate how diverse individuals continue to recognize the tangible benefits of higher education, regardless of their circumstances or public skepticism.
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13 Comments
It’s great to see evidence that college degrees still hold significant value, even in today’s skeptical climate. Completing a degree while playing professional sports is an impressive accomplishment that shows the long-term benefits of higher education.
The fact that so few athletes achieve this feat makes Drake Baldwin’s story all the more inspiring. Finishing his degree demonstrates a commitment to personal growth and preparing for life after sports.
This article provides a refreshing counterpoint to the narrative that college is not worth the cost. The data and examples highlight how a degree can open doors, both in professional sports and beyond. It’s an important reminder of the true value of higher education.
Kudos to the Braves catcher for prioritizing his education alongside his athletic career. This level of discipline and forward-thinking is admirable and sets a great example for aspiring student-athletes.
This article is a welcome antidote to the increasingly prevalent view that college is not worth the cost. The data and real-world examples, such as the Braves catcher’s story, show that a degree can still open doors and provide long-term benefits.
The fact that so few professional athletes manage to complete their degrees while competing at the highest level makes the Braves player’s accomplishment all the more impressive. It’s a testament to the value of higher education.
This article provides a much-needed counternarrative to the growing public skepticism around the value of college degrees. The data and examples, like the Braves player’s achievements, show that a degree can still be a wise investment.
While the public may be increasingly skeptical about the worth of a college education, this article offers a compelling rebuttal. The examples of successful professionals who have completed their degrees demonstrate the ongoing benefits of higher learning.
The story of the Braves catcher is particularly inspiring, showing that with dedication and foresight, it’s possible to excel in both sports and academics. This is an important message for aspiring student-athletes.
It’s heartening to see data and real-world examples that challenge the notion that college is a waste of time and money. The article highlights how a degree can still pay dividends, even in highly competitive fields like professional sports.
The story of the Braves catcher completing his degree is a great illustration of the long-term value of higher education. His commitment to personal growth and future planning is truly inspiring.
While public skepticism about the value of college degrees may be growing, this article makes a compelling case that they remain a worthwhile investment. The achievements of athletes like Drake Baldwin demonstrate the lasting benefits of a college education.
The article’s evidence-based approach to challenging the narrative around the value of college degrees is refreshing. By highlighting the achievements of individuals like the Braves player, it provides a much-needed counterpoint to the growing public skepticism.