NEW BRUNSWICK - A new study released shows New Jersey residents are split on whether a college degree is actually worth its increasing price tag.
The study conducted by Farleigh Dickinson University says that 45 percent of registered voters statewide believe a college degree is still worth the cost.
However, 43 percent said the cost of a college education was no longer worth it.
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College tuition and other associated costs have steadily increased across the country over the last decade, while the job market has remained tough in many fields.
At Rutgers University, tuition alone is more than $13,000 and students who live on campus pay at least $25,000. Farleigh Dickinson's tuition clocks in at $35,000 with an additional $15,000 needed to live on campus.
Joe Torre from New Brunswick says a degree may not get you the job you want. "A lot of people who come out of college don't get the type of job they go to school for," he says.
Cathy Brunson, of Somerset, says it's important to keep the big picture in mind, despite the cost and a difficult job market. "I would never say a degree is not worth it," she says.
The U.S. Census Bureau says college grads, on average, earn almost double what a high school graduate does.
The study also noted that those who lacked a college diploma were the most likely to say they didn't believe the cost of one is worth it, while college graduates and women were most likely to believe in the continued value.