Recent college grads say their degrees weren't worth the cash

Student Debt? Universities Need 'Skin in the Game': Bob Kerry

Only 38 percent of people who graduated college since 2006 strongly agree that their education was worth what they paid to get it. Among all graduates, that number rises to only 50 percent, according to the newly released 2015 Gallup-Purdue Index study.

Whether or not a student had a meaningful relationship with a mentor or professor while studying was most likely to influence answers: Grads were almost twice as likely to agree their education was worth dolling out the money if their professors cared about them, or if they had a mentor who encouraged them to pursue their aspirations.

For those not happy with what they paid, debt is most likely a major factor: The average amount of student debt a class of 2015 graduate has is $35,000, the highest in history, according to an analysis of government data by Edvisors. It's also likely that people are frustrated with the idea that college will help them earn more cash—75 percent of people underestimated how much more they could make with an undergrad degree, according to a survey conducted by the Federal Reserve Bank of New York in 2015.

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The post Recent College Grads Say Their Degrees Weren't Worth The Cash appeared first on Vocativ.

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