In Grim Job Market, Student Loans Are a Costly Burden(nytimes.com)

In Grim Job Market, Student Loans Are a Costly Burden

http://www.nytimes.com/2009/04/18/your-money/student-loans/18student.html

1 comments

I never understood why students took out the loans for the private schools. Public schools are much more affordable if you aren't on scholarship and have great career prospects.

It's even worse when there are some teachers telling students in high school to completely disregard debt and go to the "best" school they can to get an education that will last forever. Honestly, what's that education worth if you struggle for years (decades?) afterwards trying to pay back for it?