Hey Graduate: What’s That Diploma Really Worth?

We’re fans of Bruce Mehlman’s Six Chart Substack. In particular, we like this chart on what’s happening to the job offers to college graduates.

College grads clearly get paid more. But based on data from the New York Federal Reserve Bank we see that for the past five years, recent college grads are MORE likely to be jobless than those with lesser education.

So is college worth $250,000? For some, yes, but for many others, we’d be better off writing them, say, a $200,000 check and putting it in the bank until they retire.

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