Ep. 108 - Sept. 3, 2019 - Are the Benefits of a College Education Dwindling?

Robert G. Valletta, Group Vice President at the Federal Reserve Bank of San Francisco, joins Paul E. Peterson to discuss whether the earning power of college graduates have flatlined in relation to those without a college degree. The research referenced can be found at "Recent Flattening in the Higher Education Wage Premium: Polarization, Skill Downgrading, or Both?," by Robert Valletta, as well as "Education, Skills, and Technical Change: Implications for Future U.S. GDP Growth," made available by NBER. https://www.nber.org/papers/w22935 https://www.nber.org/books/hult-12