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As public skepticism about the value of a college degree persists, the number of students who expect to earn one is also on the decline.

Between 2002 and 2022, the percentage of students surveyed who said they expected to earn a bachelor’s degree or higher fell from 72 percent to 44 percent, according to a research brief the Pell Institute for the Study of Opportunity in Education published Tuesday.

During the same time frame, the percentage of first-generation students who aspired to earn a degree fell from 60 percent to 33 percent; among students with at least one college-educated parent, degree aspirations dropped from 83 percent to 53 percent.

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