The average net price of attendance of those seeking a four-year undergraduate degree at a public institution was $14,000 in 2020–2021, according to the National Center for Education Statistics. At nonprofit private schools, the price is nearly double, and for master’s degrees, these numbers only rise.
Therefore, alternate educational pathways have only risen in popularity over the past few years. And the good news is that with skills-based hiring approaches also rising in adoption, obtaining a traditional degree is not required to have a successful career with a healthy salary.
