Quote:
Originally Posted by 12clicks
depends on the degree.
$100k in debt so you're eligible for a $40k a year job will lead most people into a life of just above poverty which is what a vast majority of college degrees lead to.
Its ridiculous and the entire system is propped up by government guaranteed loans.
now if that $100k of debt lead to a great job, different story but in all too many cases it doesn't
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For sure. If you are going to rack up $100K in debt, but you are becoming and engineer or something that you can make an average of $90-$130K+ per year it is well worth it, but there are so many degrees that qualify you for little or nothing that they aren't worth the money. If you want a degree in a field where the chances of making a big salary are a lot smaller there are ways to get it a lot cheaper.