According to a study by Warwick University in the U.K., a college degree isn't worth as much as it used to be.
--Researchers looked at students who started college in 2006, and finished four or five years later. Then they tracked the students' earnings and compared them with a group of graduates from 1999.
--And the more recent graduates made 22% LESS than what the older graduates were making at the same stage of their careers.
--Law students from the late 2000s only saw their earnings drop by 9% from the class of 1999. Medical students had a 16% drop in salary . . . and people who got Bachelor of Arts were making 32% less.
(--In the U.K., students can go to law school or medical school as undergrads, which is how they were able to start college in 2006 and have jobs already.)
--Students who went to better schools had a 17% drop . . . while graduates of less-prestigious schools were making 30% less.
