Rankings / Masters

Best Master's in English

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 50 schools · Agent Insights

Schools Analyzed

$74,930

Avg. Earnings (10yr)

84%

Avg. Graduation Rate

$24,325

Avg. Net Price

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The landscape of graduate education in English and Literature is rich and varied, with programs designed to prepare students for a range of careers in academia, writing, publishing, and beyond. As students consider their options, they often look for programs that not only foster a deep understanding of literature but also offer strong financial returns. In fact, the average earnings for graduates from the top schools in this field stands at $75,266, highlighting the potential for a rewarding career post-graduation.

What sets the leading programs apart here are their outcomes. This list weighs graduate earnings, mobility, completion rates, and the overall cost of attendance. By examining these factors, prospective students can assess which programs deliver the best return on investment, both in terms of financial stability and personal growth. For instance, schools like the University of Pennsylvania and Brown University not only boast high graduation rates of 97% and 96%, respectively, but also present different financial landscapes for their students.

Consider Williams College and the University of Pennsylvania. While Williams graduates earn an impressive $88,665, the cost of attendance is relatively low at $17,716. In contrast, the University of Pennsylvania, with an average earning of $111,371, comes with a higher net price of $28,699. This difference may influence a student's decision based on their financial constraints and career aspirations, making it essential to weigh these factors thoughtfully as they explore their options.

Key Findings

The average earnings for graduates in this ranking is $75,266.

University of Pennsylvania graduates earn an average of $111,371, the highest in this list.

Williams College has the lowest net price among the top five at $17,716.

Graduation rates for the top programs range from 95% to 97%, indicating strong student support.

Quick Numbers

Schools ranked 50

Avg. earnings at 10yr $74,930

Avg. graduation rate 84%

Avg. net price $24,325

Avg. median debt $18,160

How We Ranked

Master's programs ranked by graduate earnings, mobility, and program concentration in English & Literature

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Williams College

Williamstown, MA

Graduation95%

Earnings$88,665

Net Price$17,716

View full profile →

University of Chicago

Chicago, IL

Graduation95%

Earnings$91,885

Net Price$14,860

View full profile →

Brown University

Providence, RI

Graduation96%

Earnings$93,487

Net Price$25,184

View full profile →

Featured Programs From Accredited Schools

Accredited schools accepting applicants in this field.

Full Rankings

Williams College

Williamstown, MA · 2,076 students · Private nonprofit

The English master's program at Williams College attracts those who are passionate about literature and critical thought. Students engage deeply with texts and ideas, preparing for diverse careers in writing, education, and beyond. The intimate setting fosters close mentorship, encouraging exploration and growth within a rich academic community.

8% accepted 95% graduate $88,665 earnings

Williams's full profile

University of Chicago

Chicago, IL · 7,569 students · Private nonprofit

The English master's program at the University of Chicago is ideal for students eager to engage with complex literary theories and diverse narratives. Here, learners explore critical perspectives, preparing themselves for careers in writing, academia, and cultural analysis. The program emphasizes rigorous scholarship, allowing students to contribute meaningfully to discussions about literature and society.

4% accepted 95% graduate $91,885 earnings

University's full profile

Brown University

Providence, RI · 7,226 students · Private nonprofit

Brown University's English master's program attracts students drawn to innovative literary exploration and critical thought. The program emphasizes creative and analytical skills, preparing graduates for various career paths, including writing, education, and research. The collaborative environment encourages students to challenge conventions and develop their unique voices within the discipline.

5% accepted 96% graduate $93,487 earnings

University of Pennsylvania

Philadelphia, PA · 10,650 students · Private nonprofit

At the University of Pennsylvania, the English master's program is designed for students who seek to deepen their understanding of literature and its cultural impact. With a diverse curriculum, students explore a wide range of texts while developing critical analytical skills that are essential in various fields. This program nurtures a collaborative and intellectually stimulating atmosphere, preparing graduates for success in academia, publishing, and more.

5% accepted 97% graduate $111,371 earnings

University's full profile

Amherst College

Amherst, MA · 1,911 students · Private nonprofit

At Amherst College, the English master's program caters to students who want to immerse themselves in literary studies while developing a strong foundation in writing and critical analysis. It appeals to those who are eager to explore the relationship between texts and their cultural contexts, preparing them for careers in education, publishing, and beyond. The program encourages collaborative discussions and creative expression, fostering a vibrant intellectual community.

9% accepted 94% graduate $77,644 earnings

Amherst's full profile

Bowdoin College

Brunswick, ME · 1,873 students · Private nonprofit

The English master's program at Bowdoin College is ideal for those who are passionate about literature and seek to deepen their understanding of language and its impact on society. Students engage with classic and contemporary texts, honing their analytical skills while exploring the nuances of writing, criticism, and theory. This program attracts individuals who are committed to becoming thoughtful communicators and critical thinkers, ready to contribute meaningfully to the world of literature.

7% accepted 95% graduate $82,735 earnings

Bowdoin's full profile

Wellesley College

Wellesley, MA · 2,300 students · Private nonprofit

Wellesley College's English master's program attracts those who are eager to explore literature's power and its role in shaping cultures and communities. Students delve into various genres and historical contexts, fostering a deep appreciation for literary artistry and critical discourse. The program is designed for those who aspire to use their knowledge of language and literature to influence others, whether in academia, writing, or other careers that require strong communication skills.

14% accepted 91% graduate $84,803 earnings

Wellesley's full profile

Columbia University in the City of New York

New York, NY · 8,973 students · Private nonprofit

Columbia University’s English master’s program is designed for dynamic thinkers who are eager to tackle complex literary themes and engage with diverse narratives. Students in this program explore both classic and contemporary works, developing a strong analytical framework that prepares them for various professional paths, including education, publishing, and writing. The vibrant intellectual atmosphere of New York City serves as both a backdrop and a source of inspiration for aspiring literary scholars and writers.

4% accepted 96% graduate $102,491 earnings

Columbia's full profile

Yale University

New Haven, CT · 6,758 students · Private nonprofit

The English master’s program at Yale is designed for those who are passionate about literature and eager to engage in deep analysis and interpretation. Students here immerse themselves in an intellectually rich environment, cultivating their writing and critical thinking skills through rigorous coursework and discussions. This program is ideal for individuals aiming to pursue careers in academia, writing, or other fields where advanced communication skills are essential.

4% accepted 96% graduate $100,533 earnings

Colby College

Waterville, ME · 2,407 students · Private nonprofit

At Colby College, the English master’s program caters to students who thrive in a close-knit academic community and are eager to explore the nuances of language and literature. It encourages a deep appreciation for texts while honing analytical skills that can be applied in various fields. Those who enroll are often driven by a desire to contribute to literary discourse, whether through writing, teaching, or research.

7% accepted 89% graduate $80,490 earnings

Colgate University

Hamilton, NY · 3,180 students · Private nonprofit

Colgate University’s English master’s program is perfect for students who want to dive into the world of literature while developing their critical thinking and writing capabilities. The program emphasizes a hands-on approach to literary studies, encouraging students to explore diverse texts and engage in thoughtful discussions. It's an excellent fit for those aspiring to be educators, authors, or professionals in fields that require advanced writing skills.

14% accepted 91% graduate $85,139 earnings

Colgate's full profile

#12

Davidson College

Davidson, NC · 1,867 students · Private nonprofit

Davidson College’s English master’s program attracts students who are not only passionate about literature but also committed to exploring its impact on society. This program emphasizes critical analysis and expressive writing, preparing graduates for various careers in education, publishing, and beyond. Students engage deeply with texts, fostering a nuanced understanding that enhances their analytical skills and creativity.

13% accepted 91% graduate $81,400 earnings

Davidson's full profile

#13

Haverford College

Haverford, PA · 1,430 students · Private nonprofit

Pursuing an English master's at Haverford College is ideal for students who are passionate about literature and critical analysis in a collaborative environment. Here, students engage deeply with texts and ideas, working toward nuanced interpretations that reflect Haverford's commitment to intellectual rigor and social responsibility. The program encourages exploration of diverse literary perspectives while fostering a sense of community among peers who share a love for the written word.

12% accepted 90% graduate $79,966 earnings

Haverford's full profile

#14

Swarthmore College

Swarthmore, PA · 1,613 students · Private nonprofit

Students pursuing an English master's at Swarthmore College will find themselves in an intellectually stimulating setting that values critical thinking and creativity. This program attracts individuals eager to delve into diverse literary traditions and engage with complex texts, encouraging them to explore the connections between literature and larger societal issues. The collaborative spirit at Swarthmore enhances the learning experience, allowing students to challenge and inspire one another throughout their studies.

7% accepted 93% graduate $80,257 earnings

Swarthmore's full profile

#15

CUNY Hunter College

New York, NY · 16,289 students · Public

At CUNY Hunter College, the English master's program is designed for students who want to explore literature within the vibrant context of New York City. This program is a perfect fit for those who are eager to discuss diverse perspectives on texts and apply their analytical skills in real-world settings. The urban environment enriches the learning experience, allowing students to connect with the rich literary culture that surrounds them both in and out of the classroom.

54% accepted 59% graduate $63,163 earnings

Smith College

Northampton, MA · 2,544 students · Private nonprofit

The English master's program at Smith College attracts those who are passionate about literature, writing, and critical analysis. Students thrive in a supportive environment that encourages deep engagement with texts and fosters a community of like-minded peers. The small class sizes allow for meaningful discussions and individualized attention from faculty, making it an ideal setting for those looking to immerse themselves in their studies while exploring the nuances of language and expression.

21% accepted 89% graduate $64,027 earnings

Bates College

Lewiston, ME · 1,760 students · Private nonprofit

At Bates College, the English master's program is perfect for inquisitive minds eager to explore the intricacies of language and literature. Students engage in rich discussions and analytical writing, honing their skills in a supportive environment that emphasizes collaboration and creativity. The program nurtures a love for storytelling and critical inquiry, preparing graduates to contribute meaningfully to the literary world and beyond.

13% accepted 90% graduate $69,498 earnings

Hamilton College

Clinton, NY · 2,030 students · Private nonprofit

Hamilton College’s English master's program caters to students who are eager to engage in critical discussions about literature and culture. The program fosters a collaborative environment where students can hone their writing and analytical skills, preparing them for various roles in academia, publishing, and beyond. With a focus on developing a distinctive voice, students are encouraged to explore their literary interests while building a supportive network of peers and mentors.

14% accepted 91% graduate $78,411 earnings

Hamilton's full profile

#19

Barnard College

New York, NY · 3,264 students · Private nonprofit

The English master's program at Barnard College attracts students who are passionate about literature and eager to engage deeply with texts. Here, students can immerse themselves in a vibrant community that values critical thinking and creative expression, preparing them for various careers in writing, teaching, and editing. The program cultivates a strong sense of identity and purpose, encouraging students to explore their unique voices and perspectives within the literary landscape.

9% accepted 93% graduate $80,516 earnings

Barnard's full profile

#20

CUNY Queens College

Queens, NY · 12,550 students · Public

CUNY Queens College offers an English master's program that attracts students interested in exploring literary traditions and contemporary issues through a diverse lens. The program’s inclusive approach encourages creativity and critical thinking, making it an excellent choice for those who want to challenge norms and engage thoughtfully with texts. Students benefit from a strong support network and a curriculum that prepares them for various careers in education, writing, and research.

64% accepted 56% graduate $62,763 earnings

William & Mary

Williamsburg, VA · 7,055 students · Public

At William & Mary, the English master's program is tailored for those who seek to deepen their understanding of literature and its cultural significance. Students engage with diverse texts and critical theories, preparing them for a range of professions, from education to publishing. The program emphasizes analytical skills, creativity, and the importance of effective communication, ensuring graduates are well-equipped for the job market.

34% accepted 90% graduate $73,490 earnings

William's full profile

#22

Middlebury College

Middlebury, VT · 2,738 students · Private nonprofit

Middlebury College is home to an English master's program that attracts students who are passionate about the craft of writing and the analysis of literature. This program is perfect for individuals who seek a rigorous academic environment that combines critical inquiry with creative expression. Students benefit from close faculty mentorship and a collaborative atmosphere, where they can refine their skills and develop their unique voices in the literary world.

11% accepted 92% graduate $76,310 earnings

Middlebury's full profile

#23

Kenyon College

Gambier, OH · 1,732 students · Private nonprofit

Kenyon College's English master's program attracts passionate readers and writers eager to deepen their understanding of literature and language. Students here thrive in a close-knit community where discussion and collaboration are key. They engage deeply with texts, honing critical thinking and creative expression, preparing for a range of careers in academia, publishing, and beyond.

31% accepted 84% graduate $71,830 earnings

Kenyon's full profile

#24

University of Virginia's College at Wise

Wise, VA · 1,101 students · Public

The English master's program at the University of Virginia's College at Wise is tailored for those passionate about literature, writing, and critical analysis. Students engage deeply with texts and cultivate their skills in thoughtful discourse, preparing for roles in education, publishing, and beyond. With a focus on fostering a close-knit community, this program is ideal for individuals who thrive in small class settings where collaboration and mentorship are key.

29% accepted 48% graduate $45,325 earnings

University's full profile

#25

Wesleyan University

Middletown, CT · 3,067 students · Private nonprofit

Wesleyan University's English master's program attracts students who are passionate about literature and eager to develop their critical thinking and writing skills. The program encourages exploration of diverse genres and critical perspectives, fostering a vibrant intellectual community where students can collaborate and challenge each other's ideas. This environment empowers students to refine their voices and prepares them for impactful careers in writing, academia, or related fields.

16% accepted 92% graduate $73,897 earnings

Wesleyan's full profile

#26

Carleton College

Northfield, MN · 2,086 students · Private nonprofit

At Carleton College, the English master's program attracts students who value a rigorous academic environment and wish to engage deeply with texts and theories. Here, students hone their writing and critical analysis skills, preparing for various careers in literature, academia, or publishing, all while benefiting from a close-knit community of peers and faculty.

20% accepted 90% graduate $75,525 earnings

Carleton's full profile

#27

Scripps College

Claremont, CA · 1,113 students · Private nonprofit

Scripps College's English master's program is designed for students who are passionate about literature and eager to explore its many facets. Students here engage with a rich curriculum that emphasizes both critical analysis and creative expression, preparing them for diverse careers in writing, education, and other fields. The intimate learning environment encourages collaboration and deepens students' appreciation for literary narratives and their societal impacts.

38% accepted 85% graduate $77,539 earnings

Scripps's full profile

#28

Grinnell College

Grinnell, IA · 1,729 students · Private nonprofit

Grinnell College's English master's program is a fitting choice for students eager to explore literature's nuances and its societal impacts. Students engage in a rigorous curriculum that emphasizes critical writing and thoughtful discourse, preparing them for a variety of roles in education, writing, and beyond, all within a dynamic community of scholarly peers.

15% accepted 88% graduate $62,830 earnings

Grinnell's full profile

#29

Lafayette College

Easton, PA · 2,757 students · Private nonprofit

The English master's program at Lafayette College is ideal for students who are passionate about literature and writing, seeking to deepen their analytical skills and creative expression. This program encourages exploration of diverse literary voices while fostering a collaborative environment that values discussion and critical thinking.

31% accepted 88% graduate $91,410 earnings

Lafayette's full profile

#30

CUNY Lehman College

Bronx, NY · 10,696 students · Public

CUNY Lehman College's English master's program is tailored for diverse students who are looking to explore literary studies with a focus on accessibility and community engagement. The program emphasizes critical analysis and writing, equipping students with skills that translate to various fields, including education, writing, and cultural organizations. It's an ideal fit for those seeking to amplify their voices through literature while making an impact in their communities.

57% accepted 50% graduate $58,013 earnings

Truman State University

Kirksville, MO · 2,513 students · Public

Truman State University's English master's program is tailored for those who enjoy critical analysis and creative expression in literature. Students can expect to engage in a collaborative environment that encourages intellectual exploration and fosters a love for storytelling and language. This program is an excellent fit for aspiring teachers, writers, and literary scholars eager to make an impact in their fields.

84% accepted 68% graduate $56,280 earnings

Truman's full profile

#32

Bryn Mawr College

Bryn Mawr, PA · 1,359 students · Private nonprofit

Bryn Mawr College's English master's program is a nurturing environment for those who want to refine their critical thinking and writing skills. This program attracts students who are keen on exploring complex narratives and engaging with literature that challenges societal norms. It emphasizes a collaborative learning experience, preparing students for various roles in education, writing, and beyond.

29% accepted 84% graduate $75,217 earnings

College of the Holy Cross

Worcester, MA · 3,106 students · Private nonprofit

The English master's program at the College of the Holy Cross attracts students with a passion for literature and a desire to explore the written word deeply. Here, students engage in critical thinking and intensive analysis, honing skills that are vital for careers in writing, academia, and beyond. This program emphasizes the importance of a Jesuit education, which encourages personal reflection and a commitment to social justice through literature.

18% accepted 88% graduate $90,543 earnings

College's full profile

#34

Virginia Military Institute

Lexington, VA · 1,527 students · Public

Virginia Military Institute's English master's program offers a unique blend of rigorous academic training and leadership development. Ideal for those who value discipline and a structured environment, students engage with literature while also honing their analytical and communication skills. This program prepares graduates for careers where critical thinking and effective writing are essential, whether in education, law, or public service.

71% accepted 79% graduate $77,369 earnings

Virginia's full profile

#35

The University of the South

Sewanee, TN · 1,607 students · Private nonprofit

The University of the South offers an English master's program that is perfect for students passionate about literature and eager to engage critically with texts. The program fosters a rich community of scholars who explore diverse literary traditions and develop their unique voices as writers. Students will find themselves challenged and inspired as they delve into both classic and contemporary works, preparing them for various careers in education, editing, and beyond.

57% accepted 81% graduate $64,911 earnings

Skidmore College

Saratoga Springs, NY · 2,694 students · Private nonprofit

At Skidmore College, the English master's program is designed for students who are not only passionate about literature but also eager to develop their voice in writing. This program cultivates a community of thinkers and creators, encouraging students to delve into diverse literary traditions and contemporary issues. It's an ideal choice for those looking to gain a deeper understanding of the human experience through the lens of literature.

21% accepted 82% graduate $69,363 earnings

Skidmore's full profile

#37

Kalamazoo College

Kalamazoo, MI · 1,149 students · Private nonprofit

Kalamazoo College's English master's program is crafted for students who are passionate about literature and eager to engage with critical theory and creative writing. This path attracts those who value deep discussions and diverse literary traditions, nurturing their abilities to think critically and write persuasively. The program’s intimate size fosters strong connections between students and faculty, promoting a collaborative atmosphere where ideas flourish.

75% accepted 79% graduate $65,590 earnings

Kalamazoo's full profile

#38

Trinity University

San Antonio, TX · 2,505 students · Private nonprofit

At Trinity University, the English master's program is designed for students eager to refine their writing and analytical skills in a supportive environment. Ideal for those looking to immerse themselves in both creative and academic literary explorations, this program encourages collaboration, critical thinking, and a deep appreciation for diverse narratives. Students here can expect a stimulating atmosphere where ideas flow freely and passion for literature is paramount.

26% accepted 83% graduate $71,668 earnings

Trinity's full profile

#39

The College of New Jersey

Ewing, NJ · 7,105 students · Public

The College of New Jersey's English master's program is tailored for those eager to delve into literary analysis and creative expression. Students in this program are encouraged to explore various genres and styles, preparing them for careers in education, writing, and publishing. The emphasis on critical thinking and communication skills aligns well with the demands of today’s job market, making it an appealing choice for aspiring literary professionals.

62% accepted 86% graduate $73,323 earnings

University of Richmond

University of Richmond, VA · 2,980 students · Private nonprofit

For students considering a master's in English, the University of Richmond provides an enriching environment that emphasizes critical thinking and effective communication. This program is ideal for those who want to explore literature in depth while honing their writing skills. With a focus on interdisciplinary study, students will engage with various genres and themes, preparing them for successful careers in teaching, writing, or editing.

22% accepted 86% graduate $76,178 earnings

University's full profile

#41

Franklin and Marshall College

Lancaster, PA · 1,799 students · Private nonprofit

The English master's program at Franklin and Marshall College is designed for those who are passionate about literature, writing, and critical analysis. Here, students engage deeply with texts and develop their skills in a supportive environment, preparing for careers in education, publishing, or other fields where strong communication is key. The small class sizes foster close relationships with peers and faculty, making it an ideal setting for collaborative learning and intellectual exploration.

28% accepted 85% graduate $76,124 earnings

Franklin's full profile

#42

Western Washington University

Bellingham, WA · 13,544 students · Public

93% accepted 65% graduate $62,569 earnings

Western's full profile

#43

Mount Holyoke College

South Hadley, MA · 2,169 students · Private nonprofit

36% accepted 85% graduate $58,418 earnings

Wabash College

Crawfordsville, IN · 866 students · Private nonprofit

The English master's program at Wabash College is designed for students who are passionate about literature and eager to explore the nuances of language. Here, students engage deeply with texts, developing analytical and critical thinking skills that will serve them well in various careers, from education to writing and beyond. The collaborative environment encourages lively discussions and diverse perspectives, fostering a strong sense of community among students and faculty alike.

63% accepted 77% graduate $69,952 earnings

Wabash's full profile

#45

Colorado College

Colorado Springs, CO · 2,014 students · Private nonprofit

At Colorado College, the English master's program invites students to immerse themselves in diverse literary traditions and innovative writing practices. This program is perfect for individuals who seek a rigorous academic environment that encourages critical thinking and creativity. Students here benefit from a unique block plan that allows for intensive study, fostering a deep engagement with both theory and practice in literature and writing.

18% accepted 87% graduate $65,222 earnings

Colorado's full profile

#46

University of Mary Washington

Fredericksburg, VA · 3,566 students · Public

80% accepted 67% graduate $60,613 earnings

University's full profile

#47

University of Dallas

Irving, TX · 1,403 students · Private nonprofit

53% accepted 70% graduate $58,285 earnings

University's full profile

#48

Vassar College

Poughkeepsie, NY · 2,444 students · Private nonprofit

Pursuing an English master's at Vassar College attracts students who are not only passionate about literature but also seek to engage deeply with critical thought and creative writing. This program fosters an intimate learning environment, allowing for close interactions with peers and faculty, and encourages students to hone their unique voices as writers and thinkers. With a focus on analytical skills and interdisciplinary approaches, students will be well-prepared for a range of careers, from academia to publishing and beyond.

19% accepted 90% graduate $71,366 earnings

Vassar's full profile

#49

Whitman College

Walla Walla, WA · 1,531 students · Private nonprofit

38% accepted 81% graduate $67,589 earnings

Whitman's full profile

#50

DePauw University

Greencastle, IN · 1,905 students · Private nonprofit

At DePauw University, the English master's program invites students to immerse themselves in the study of literature and writing, fostering their voice and critical thinking. This program is ideal for those who are not only passionate about reading and writing but also want to engage with the broader cultural conversations that literature inspires. The supportive faculty and vibrant campus culture provide an enriching backdrop for students to refine their skills and explore their interests in depth.

57% accepted 77% graduate $70,527 earnings

DePauw's full profile

Looking closely at the data, we see a distinct pattern in how different schools support their students. For instance, the University of Pennsylvania graduates earn $111,371, but they also face a higher net price of $28,699 compared to Williams College, where students earn $88,665 with a significantly lower net price of $17,716. This tradeoff highlights the importance of considering both potential earnings and the financial burden of attending these institutions.

As you sift through this extensive list of 50 schools, think about what factors matter most to you. Is proximity to home a priority? Does the program's focus align with your career goals? Evaluating personal priorities against the data presented here can help narrow down choices. For example, if minimizing debt is critical, a school like Williams College may be appealing even with slightly lower earnings compared to others.

This data reflects a broader narrative about the transition from education to stable employment. For families, the decision of which master's program to pursue can significantly impact financial well-being down the line. One educated choice can lead to a more secure future, influencing not just individual lives but the financial health of families for years to come.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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