Wednesday, January 08, 2014

For Too Many Americans, College Today Isn't Worth It

For Too Many Americans, College Today Isn't Worth It | Zero Hedge:
"In the field of higher education, reality is outrunning parody.
A recent feature on the satire website the Onion proclaimed, "30-Year-Old Has Earned $11 More Than He Would Have Without College Education."
Allowing for tuition, interest on student loans, and four years of foregone income while in school, the fictional student "Patrick Moorhouse" wasn't much better off.
His years of stress and study, the article japed, "have been more or less a financial wash."

"Patrick" shouldn't feel too bad. 
Many college graduates would be happy to be $11 ahead instead of thousands, or hundreds of thousands, behind. 
The credit-driven higher education bubble of the past several decades has left legions of students deep in debt without improving their job prospects."

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