Marginalrevolution iconMarginalrevolutionSep 9, 2026 ~3 min source read

Reasons to go to college

Beyond earnings, college continues to deliver social and relationship benefits—friendship networks, higher marriage rates, and greater marital stability—that matter as loneliness rises and work patterns shift.

Reasons to go to college

Share this story

Send the public story page.

Useful takeaways from this story.

College correlates with stronger social networks: college graduates are twice as likely to have six or more close friends and are less than half as likely to have no close friends.

Some non-economic benefits of college may outweigh a shrinking wage premium, especially as AI and changing work patterns alter job value and social life.

# Why college still matters for social life and marriage

College gets evaluated mostly by its effect on earnings. Tyler Cowen's recent column shifts the focus to social returns: friends, dating, and marriage. Those outcomes matter more now because many Americans report loneliness, and because future work changes could increase the value of close personal relationships.

People with college degrees show clear advantages on multiple social indicators. College-educated adults are twice as likely to report having six or more close friends, and they are less than half as likely to report having no close friends. Strong, durable social networks are useful for emotional support, practical help, and long-term social capital.

Marriage patterns also differ by education. For adults over 25, 64% of people with a bachelor's degree are married compared with 50% of those whose highest credential is a high school diploma. The probability of staying married for at least 20 years shows even wider gaps. For women, the chance of remaining married 20 years or more is 78% with a college degree versus 41% with only a high school degree. For men the differences are smaller but still meaningful: 65% versus 47%.

Cowen notes a plausible link between these social patterns and broader demographic trends. If artificial intelligence reduces the number of paid work hours or changes job availability, economic returns to marriage and household stability may rise. Living longer also changes the calculus: if people expect a longer shared life, choosing whom to spend that time with becomes a higher-stakes decision.

College's economic premium appears to be shrinking. Cowen and related analyses point out that the wage advantage of a bachelor's degree has declined in recent years. That makes it especially useful to weigh non-pecuniary returns when evaluating the decision to go. For many prospective students, the social, relational, and lifestyle benefits of college may tip the balance in favor of attending, even as the purely financial case softens.

Practical implications for prospective students

  • If you prioritize long-term social networks and higher odds of marriage and marital stability, include those benefits in your cost-benefit analysis.

Bottom line: don't evaluate college only by the money. For people who expect to value friendships, romantic partnerships, and long-term household stability, college provides measurable social returns that are relevant to the decision today.

More context around this story.

Wednesday assorted links
Marginalrevolution iconMarginalrevolutionSep 16, 2026

Wednesday assorted links

1. Competitive market behavior with LLMs? 2. Prophets of the Marginal Revolution. 3. The university after AI. 4. Which African nations are spending on education? 5. @mattyglesias: “In an all-or-nothing scenario, bond interest rates would go to the moon. Why lend money at 5% (or whatever) if the two options are not bein

Loading more related stories...

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app