September 20, 2010

Courting Financial Disaster to Create College Grads

According to a new study (ironically initiated in part by Sallie Mae, the government entity that holds most student loans), parents are at risk of impoverishing themselves in order to make sure they send their students to college.

It's not until the end of this long article highlighting the survey's results that the reporter states the obvious:

Although most students believe they need a college degree to earn more money and work in their chosen field, some are beginning to question whether an education is worth the hefty price tag. Only a slight majority -- 53 percent -- of those surveyed in 2010 feel college is worth the cost; 62 percent thought a degree was worth it in 2008.

At least some students are starting to catch on.

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