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Addresses a number of articles that have questioned whether higher education provides a high financial return. This analysis finds that the rate of return on a college investment decreased only modestly over the last decade and remains quite high.
After completing his undergraduate degree in economics at Wake Forest University, Kent received his Ph.D. in economics from Rice University in 1979. He was an assistant professor at ASU from 1978 to 1983. After leaving the university for seven years, during which he worked in the research department of the Federal Reserve Bank of Dallas, he returned to ASU to teach in 1991. He joined ASU’s L. William Seidman Research Institute in 1999.
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