Student debt in California has increased dramatically in recent years, but college is still a good investment. Californians with college degrees are more likely to be employed than those with high school diplomas, and they earn higher wages. Policymakers can do a lot to help make higher education more affordable-for example, by developing tuition savings programs and improving pathways from community colleges to four-year schools. Providing additional funding is essential, but finding ways keep costs down should also be pursued.
This research was supported with funding from the Donald Bren Foundation.