25 cities where a college degree makes all the difference in getting a good job, earning enough money, and becoming a homeowner

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  • The cost of a bachelor’s degree is at an all-time high.
  • But college degrees are still advantageous — especially in certain areas. MagnifyMoney recently determined the top cities where a bachelor’s degree is most valuable.
  • Earnings and opportunities are highest in wealthy and highly educated cities like San Jose and Washington, DC.

The cost of getting a four-year undergraduate degree is more expensive than ever. But does that mean college degrees are becoming less valuable? Not necessarily.

A college degree is still advantageous, but it can get you even further if you live in certain metropolitan areas.

MagnifyMoney recently looked at the top cities a bachelor’s degree is most valuable in the United States. To determine this, they ranked income, employment, and related data from 0 to 100 for residents with a degree and those without a degree across the US’s 50 largest metropolitan areas. A final score was awarded to each location to indicate the value of a bachelor’s degree there. 

MagnifyMoney found that the earnings and opportunities that come from holding a bachelor’s degree are highest in wealthy and highly educated cities, such as San Jose, California, and Washington, DC.

Below, see the top 25 cities where a bachelor’s degree will get you the most for your job, money, and home.

24 (TIE). Philadelphia, Pennsylvania

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Median debt-to-income ratio: 32.8%

Degree holders in Philadelphia receive 59.5% more in median income than non-degree holders. They’re also 14.6% more likely to own a home.

24 (TIE). Miami, Florida

Simon Dannhauer/Shutterstock

Median debt-to-income ratio: 50.1%

Degree holders in Miami receive 50.9% more in median income than non-degree holders. They’re also 28.5% more likely to own a home.

23. Milwaukee, Wisconsin

Sean Pavone/Shutterstock

Median debt-to-income ratio: 33.1%

Degree holders in Milwaukee receive 53.5% more in median income than non-degree holders. They’re also 19.1% more likely to own a home.


See the rest of the story at Business Insider

See Also:

SEE ALSO: The 25 most valuable college majors

DON’T MISS: The 10 least valuable college majors

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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