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Key points:
Any increase in education is associated with an increase in pay, even outside of a four-year degree. Reskilling opportunities and exposure to AI within the workplace also increase with education. Despite better returns, 40% of those with some college experience but no degree cited a lack of education as an employment barrier, compared to 30% among those with only a high school diploma.
While the merit of a college degree is becoming increasingly contested, the value of education remains strong. A bachelor’s degree continues to be associated with higher employment rates and better earnings. But workers