Sunday, September 5, 2010
I ran into this disturbing page about student loans. I just watched a Frontline documentary from earlier this year called "College, Inc." While they put the primary focus on for profit colleges as the source of the problem, what concerns me is that I am seeing a lot of evidence that a lot of people are getting themselves deeply in debt for educations that are unlikely to allow the student to ever pay off those debt. College is not for everyone. It is especially not for those who have failed to master certain basic skills--and are misled into believing that they can go to college, pile up a mountain of debt--and then get a good paying job to pay off that debt.