Educational Aspiration: Comparing the value of a high school education vs. a college education. In our current economy, the need for a college education becomes increasingly valuable despite the high cost of tuition and loans. The demand for skilled, college-educated laborers is high. A college education can also determine your future income potential and in many cases, it is the only way a person can climb up the socioeconomic ladder. There are two theories that …showed first 75 words of 1056 total…

…showed last 75 words of 1056 total…even the most expensive colleges are a bargain." (Irons, 1998) References Diaz-Gimenez, J., & Quadrini, V., & Rios-Rull, J.V. (1997, Spring) Dimensions of Inequality: Facts on the U.S. Distributions of Earnings, Income, and Wealth. Federal Reserve Bank of Minneapolis Quarterly Review, 21(2), pp. 3-21 Hines, John S. (1998, April 01). Education and Income Distribution. New York: General Internet Inc. National Center For Education Statistics. (1997, July). Findings from The Condition of Education 1997: Postsecondary Persistence and Attainment. New Jersey: Educational Testing Services.