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Illano comments on Crazy Ideas Thread - Less Wrong Discussion
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Depends a ton on where you go and what you major in. PayScale has a ranking of a ton of colleges based on their 20-year average incomes compared to 24 years of average income for people with a high-school degree. There probably are some special cases at the tails that would benefit more from not going to college, but for the average college-goer, it is still probably a halfway decent investment.
Doesn't it tell you whether it was worth going to college 20 years ago?