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Invincibelle column is a community blog where experts share columns and articles in categories like business entrepreneurship, culture and communication.

Is the value of college degree declining?
By:deepika bajaj on Fri 01 Aug 2008 2:28 AM under Business, General

A four year college degree is no longer a ticket to a secured life and rising paycheck.

For decades, the typical college graduate’s wage rose well above inflation. But no longer. In the economic expansion that began in 2001 and now appears to be ending, the inflation-adjusted wages of the majority of US workers didn’t grow, even among those who went to college.

A variety of economic forces are at work here. Globalization and technology have altered the types of skills that earn workers a premium wage . And compared with previous generations, today’s college graduates are far more likely to be competing against educated immigrants and educated workers employed overseas.

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