Is a degree the answer to reducing poverty?

In 1960, 7.7% of adults above the age of 25 had a degree, today 37.5% over the age of 25 have a degree. Almost 40% of 25 and older have a degree, yet poverty remains unchanged. Is a degree really necessary to make a good wage? Is a degree valuable in the workplace? Just something I stumbled across and questioned.

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SatanBurger · 36-40, F

Colleges are rife with as much corruption as landlords, there's such thing as predatory loans and other things colleges do to make access to them even harder than they are now. The answer to reducing poverty is more of an economic question, education should be publicly available but most people fight against any change therefore making any proposal of change irrelevant because people don't want it.