Is College Still Worth It in 2025?

Ever since the GI Bill was introduced in 1944, a college degree has symbolized the American Dream for thousands of veterans. For generations, it served as a key to opportunity, financial security, and personal growth. By 1956, nearly half of World War II veterans had used their benefits to attend college or receive job training—fueling what would become the most educated workforce in U.S. history.

But in today’s world, does a degree still carry the same weight? Let’s look at some reasons why it makes sense and when it doesn’t.

The Majority Doesn’t Have a Degree

Despite decades of messaging about the importance of higher education, today more than 60% of U.S. adults over age 25 do not hold a four-year degree, according to 2022 Census data. People skip college for many reasons, including cost, uncertainty, alternative interests … and their outcomes vary widely. Some find fulfilling, high-paying careers without ever stepping foot on campus. Others struggle with limited options. The decision to go to college – or not – is a deeply personal one – and increasingly complicated.

The Financial Case for College

From a purely statistical standpoint, a college degree still offers strong long-term financial benefits. The U.S. Bureau of Labor Statistics reports that non-degree holders experience significantly higher unemployment rates than college grads. And a 2021 Georgetown University study found that those with a bachelor’s degree earn, on average, $1.2 million more over their lifetime than those with just a high school diploma.

But that doesn’t mean the choice to go to college is easy – or more importantly cheap.

As of 2025, the average cost for a four-year degree at an in-state public university is about $108,000. For private institutions, that number can easily double. And for many, the burden of student debt is real and lasting.

According to the Federal Reserve, nearly 40% of students who pursue higher education take out loans. Typically, they average between $20,000 and $40,000 – and they are left with a burden that can take up to two decades to pay off.

Fortunately for veterans, the GI Bill will pay for most of a degree at a public school and up to $28,937.09 at a private or VA-approved foreign school.

A Broader Perspective on the Value of College

Still, college is about more than just money. For many, it’s a doorway to broader perspectives, new relationships, and career-building experiences. College can also expose students to new cultures, big ideas, and critical thinking skills that are valuable no matter the field.

And if you’re going to start a degree, experts say: Finish it. Dropping out saddled with student debt—and no credential—can leave you worse off than when you started.

The Counterpoint: When College Doesn’t Make Sense

Not everyone is sold on higher education. In fact, confidence in colleges is falling. A recent Gallup poll shows that only 36% of Americans have a high level of confidence in higher education—down from 57% a decade ago.

For some, the cost simply doesn’t justify the potential reward.

There are more pathways now than ever before. Trade schools, apprenticeships, and industry certifications offer fast, affordable alternatives to traditional degrees—especially for careers in the skilled trades, health care, and technology. And the Post 9/11 GI Bill pays for many of these non-degree programs.

Emerging Trends: Skills Over Degrees?

A growing number of industries are shifting focus from degrees to skills. Airlines, for example, have begun dropping four-year degree requirements for pilots and are offering their own training pipelines. Tech companies like Google and IBM are investing in alternative education programs, certifications, and bootcamps to meet demand.

People who succeed without a college degree tend to have one thing in common: clarity. They know what they want and find the fastest, most practical path to get there—without wasting time or money.

So… Is College for Everyone?

It is for some … and not for others Probably the better question is: “Is college the right path for you?”

College is one of many paths to success—but not the only one. What matters most is making an informed decision that aligns with your goals, values, and vision for the future.

Sample Comparison of Careers

Below is a sample degree required/degree not required comparison of select careers, typical education required and the median annual salary for those careers.

Career data courtesy of the U.S. Bureau of Labor Statistics

Key Takeaways

• College degrees still dominate high-paying fields like engineering, tech, and finance, especially for long-term salary growth.
• Skilled trades and certifications can also lead to six-figure careers, especially with time, specialization, or self-employment (e.g., electricians, pilots, distribution managers).
• Earning potential often comes down to skills, experience, industry demand, and location—not just degrees.

In the End …

There’s no universal answer to whether a college degree is worth it—it all depends on your goals, interests, and the path you’re willing to take. For some, college offers structure, credentials, and access to high-paying careers. For others, hands-on experience, certifications, or skilled trades lead to equally fulfilling and financially stable lives. What matters most is not following the “traditional” route but making an informed decision that aligns with your future vision. Whether you choose a classroom, an apprenticeship, or entrepreneurship, the real value comes from knowing where you want to go—and taking smart, deliberate steps to get there.