Download: Do you think a college degree is worth the cost of tuition?

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

A new study says only about half of all college graduates believe their degrees were worth the cost of tuition.

Forbes reports that the new study from Gallup-Purdue Index also said that about 38 percent of “recent” graduates “strongly agree” that the cost of their education was worth it.

As far as longer-term alumni, about 77 percent felt the costs were justified.

Forbes reports that the average cost of college tuition is at more than $21,000 per year for public schools and over $46,000 for private schools.

The study also found that about 2/3 of recent graduates had to take out student loans.

Read more here.