Is college worth it? Goldman Sachs says maybe not

Goldman Sachs said in a new report that many students should not go on to ordinary universities - 25% of these universities are ranked among the lowest among all universities. On average, their income is lower than that of high school graduates.

Researchers at Goldman Sachs wrote that "the average return to college has declined." The bank is known for not attracting attention to net profit.

The high guy found out that in 2010, typical college students must work for 8 years to gain an interruption from the bachelor's investment. By that time, most graduates will be about 30 years old.

As the price of university education rises, it takes time to earn money from investment. This is the Goldman Sachs project.

Investment recovery time varies depending on occupation. US companies are complaining that they can not find enough 'technical workers' even though the number of university graduates has reached a record high

Mr. Goman says that: "Taking into account changes in revenue, student and professional choices are more important for students than ever before."

According to the data of the census, approximately 15.5 million Americans are now enrolled in a two or four year university. Schools like the Massachusetts Institute of Technology are still enormous resumes and high living expenses, but Goldman Sachs questioned whether other lower grade students would accept other types of training did.

To some extent it is more valuable than others. Students attending first-rate universities and students majoring in business, medical care and technology are growing much faster.

"Researchers in the field of low wage specialization such as art, education, psychology, etc. have the highest risk of negative returns," Gorman said. "For them, universities are not necessarily more valuable."

Of course, the benefits of college education are not limited to reducing the work of high salaries. Many graduates found lifelong friends and experienced tremendous personal growth.

But this is an expensive method. One year or the price of studying at a private university is currently $ 4421. Even state public universities now average nearly $ 20,000 per year.

Goldman Sachs believes that major changes are occurring in higher education. The tuition fee of the university is skyrocketing. Students' debts amounted to more than 1 trillion dollars. Employers are irritated, they can not find graduates with the right skills, and many college graduates are irritated because they can not get a better job.

Employers can more positively adopt other forms of training and education, such as the Lynda.com course (owned by LinkedIn (LNKD)) and "MOOC" (large open online course) I can do it.

Companies such as Facebook (FB) and Google (GOOG) may eventually create their own de facto degree program so that you can customize the course to suit their needs.

There are also many prophecies that may lead to a higher education revolution. These predictions were published by CNMMoney by Goldman Sachs. Goldman Sachs continues to say that even if you earn a degree from an ordinary university it is not worth it. The average income of the graduates is currently lower than the average income of the high school graduates. If you know what you want to be a lawyer, doctor, engineer or veterinarian - you obviously need to continue your education. But where do the laws stipulate that it is necessary to go to university immediately after graduating from high school? What if you do not know what you want to offer?

According to Goldman, I am reading an article from CNBC that "Most encryption currency will be zero". I agree with Goldman Sachs research director Steve Strongin to compare the current market with the "Internet bubble in the late 1990s". This is what the market does. They blisters again from the bubble to the crash. The word I used to explain this phenomenon is capitalism. The Fed is trying to keep volatility down, but not so good at it. But what confuses me is that "contrary to reasonable market expectations, the new currency does not seem to lower the value of the old currency, they all seem to be a single asset class It is Steve's statement that "It is. I think this is the biggest misunderstanding of Crypto. This is where all cryptographic currencies are "currency". Now, some are currencies including bitcoin, Zcash, Dash etc. But most of them are not so