A $20 Million Gift for College

“The evidence remains overwhelming: College is the single most reliable path to the middle class and beyond. No, it doesn’t guarantee a good life. Nothing does. But earning a good living without a college degree today is difficult. College graduates earn vastly more and are far more likely to be employed. They live longer, are more likely to be married and are more satisfied on average with their lives. These relationships appear to be at least partly causal, too. If you want more details, you can read some of my previous columns or dig into a long trail of academic studies.”