Sunday, February 23, 2014

Just say no to college! Why it’s the worst decision a young American can make

Just say no to college! Why it’s the worst decision a young American can make - Salon.com:
"Let’s start off with the basics.
In 2012, 71 percent of all students who graduated accrued some amount of student loan debt, with the average amount of debt soaring to $29,400.
More than half of student loans officially became delinquent or in deferral in 2013.
New information indicates this trend will only worsen; recent college graduates face the worst unemployment rate in more than 20 years, as well as severe underemployment, with 44 percent of grads saying they could find work but not enough of it.
Not even the vaunted STEM fields are immune from the perils of cheap labor, smartsizing, and the Great Recession. "

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