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We all know the importance of getting a college education. A college degree is the new high school diploma. It's amazing just how big a difference it actually makes to one's financial bottom line. A recent article at washingtonpost .com makes this transparently clear: "... while families at all educational levels have benefited from rising home values and stock market gains, the better-educated have enjoyed skyrocketing wealth, with college graduates recording an average net worth four times greater in 2004 than that of high school graduates." The article goes on to report that while the incomes of families headed by college graduates have improved substantially in recent decades, real incomes of families headed by those with only a high school diploma have actually fallen by as much as 11 percent during the same period. In another article , the Associated Press reported U.S. census data showing that, on average, college graduates in America earn almost twice t...

We all know the importance of getting a college education. A college degree is the new high school diploma. It's amazing just how big a difference it actually makes to one's financial bottom line. A recent article at washingtonpost .com makes this transparently clear: "... while families at all educational levels have benefited from rising home values and stock market gains, the better-educated have enjoyed skyrocketing wealth, with college graduates recording an average net worth four times greater in 2004 than that of high school graduates." The article goes on to report that while the incomes of families headed by college graduates have improved substantially in recent decades, real incomes of families headed by those with only a high school diploma have actually fallen by as much as 11 percent during the same period. In another article , the Associated Press reported U.S. census data showing that, on average, college graduates in America earn almost twice t...