Degree holders on average earn more, but a lot of people don't finish to get the degree and then the costs may not be worth it. 9-29-2018
"Given the choice, I would much rather be a 22-year old college graduate with $30,000 in debt (roughly the national average among those who take out federal loans) than an 18-year-old who decides not to enroll in college at all. The direct financial rewards of a degree are enormous, and don’t even begin to capture the many other dimensions that attending college can positively impact one’s life," wrote Temple Univ. Economics Professor Douglas Webber, PhD, in his report, "Is College Worth It? Going Beyond Averages." for Third Way, 9-28-2018. A big problem, however, is that 6 out of 10 people don't finish to get the degree, and the degree itself is important to making more money, reported Webber.
https://www.thirdway.org/report/is-college-worth-it-going-beyond-averages