11/20/2010 05:12 am ET | Updated May 25, 2011

Despite Costs, A College Degree Is Still Worth It

To economists who look at the numbers, college is a necessary, even if not sufficient, ticket to the middle class. "We are experiencing a period of shared misery, where workers at all education levels are struggling, including those with a college degree," says Lawrence Mishel, president of the Economic Policy Institute, a left-leaning Washington think tank. Still, he says, "It is certainly evident that those with college educations are faring much better than those with less education."