Most Californians want their kids to go to college, but in this era of rising costs and exponential tuition inflation, is it even worth it?
Many California families worry about whether they can afford to send their kids to college, and are trying to pencil out whether it makes economic sense in uncertain times to spend the money, or take on potentially crushing debt to help their kids get a higher education.
Well, a new study took a look at that, to do the cost-benefit analysis of investing in a college degree, and for more, KCBS Political reporter Doug Sovern spoke with one of the authors of that study.
Marisol Cuellar Mejia is a research fellow at the Public Policy Institute of California, she has two masters degrees in economics.