A 2013 study by Sallie Mae, a private company that services federal student loans, reveals that even in these tough economic times, American families belief in the value of college has been unwavering.
Why is a college education so valuable? Today, many people consider a college degree to be a necessity rather than a luxury. The job market has become fiercely competitive with hundreds if not thousands of applicants for every job advertised. In this climate, people with a college degree are often the best positioned to grab the brass ring.