Are you or a family member looking into options for college? Here are some statistics from the Atlantic Monthly that are surprising at first glance:
If your family income is $90,000 or more, you have about a 50 percent chance of obtaining a bachelor’s degree by age 24. If that income is between $61,000 and $90,000, your chances drop to one in four. Is your household income between $35,000 and $61,000? You have about a 10 percent chance.
Children whose families are making less than $35,000 have a one in seventeen chance of being awarded the degree by age 24.
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