Why a College Degree May Not Be Worth It

Former U.S. Secretary of Education William Bennett explains why a college degree may not be worth the cost.

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What are some alternatives to going to a four-year college?

Community college is one alternative. A trade school is another alternative. Work for a year and think about it is another alternative. Put some money in the bank. Join the military is another alternative where you earn great trade skills. We heard from an expert that there are 115,000 janitors in America with B.A.s. It's fine to be a janitor, but you didn't have to spend that kind of money to be a janitor.

[Read the U.S. News Debate: Is a College Degree Still Worth It?]

What will most surprise readers?

It's a tough book. It's a serious book, unflinching on the statistics, but we try to make it very helpful for parents and students and readers in terms of actually thinking through whether they go to college. I think what may surprise them the most is the large array of options available, other than the B.A., that can give you success and economic success, and not have to make you defer for 10 years getting married and starting a family and buying a house.

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