College pays but does the debt?

Posted by andres.valenzuela on Tuesday August 7, 2007


"Historically, college degrees have offered higher earnings over that of a high school diploma, justifying the debt burden for most graduates. And they still can, just to a lesser extent," according to MSNBC. "Over a working lifetime, even after the cost of attending college and forgoing several years' worth of earnings while in school, most graduates can expect a financial payback. But the payback often lessens with the amount of debt carried to finance the degree. It can also delay the experience of feeling that one has an earnings advantage."

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