Is student debt worth the lifetime income earned from a higher education?

  • Student debt is worth the lifetime income earned from a higher education.

    Student debt is necessary in order to get a higher education. Although college is indeed expensive, it is more expensive not to go to college. You can earn a lot more money later in life with a college education and with the connections you have made to other college graduates.

  • Debt Part of Contemporary Life

    Most everyone in today's contemporary society will be in debt during some point of their lives. Student debt is a part of this, assuming one goes to college. Student debt is worth it in order to not have a factory job that doesn't pay very much unless you've been there for 30 years. Employment over the next decade or so will focus on an educated populace with computer scientists and health care professionals.

  • Yes, student debt is worth the income earned from higher education.

    The amount of debt incurred to go to college is nowhere near the revenue loss of your career due to not going to college. People without college degrees do not earn very much money. Someone with a college degree will be able to pay of their debt and have a much better life.

  • What's the net gain

    What's the net gain of a college education? If you're making a higher salary than you otherwise would have, but you're in debt, you're still, overall, at a disadvantage. People should not necessarily skip college, but working before or during, and going to cheaper schools, would be very prudent instead.

  • As a general rule.

    An education is a great thing, but in the society we live in today the access to information enabled by the internet has nearly crippled the pragmatic value of a college/university degree. The value of a degree is inherently zero, knowledge and experience are supreme. It is unfortunate that our society is so locked into the concept that a 'piece of paper' is needed to become someone of 'higher' societal regard.

    College and university are overpriced, overrated, and can be financially crippling during and after attendance/graduation. Community colleges and vocational training are a much better route for the general public than four year schools. Associate's degrees are a worthy undertaking provided one is not adopting debt greater than five to ten grand in tuition expenses. What this country needs is a much greater emphasis on apprenticeships and mentoring. Not more liberal arts degree holders.

    Nothing against liberal art degree holders, it is just that there is little tangible value to be derived from someone who studied psychology or Islamic art for four years as compared to a modestly motivated high school graduate who is eager undergo on-the-job training.

    The bottom line is that post-secondary education in general is overpriced and also outdated in overall modality in this job-centric market economy. If you are interested in the education and not a career or job relative to that undertaking then you may disregard what I have shared here as my opinion. However, be mindful of you financial undertaking and the debt that may haunt you for decades to come.

  • The numbers don't lie.

    53% of college grads don't get a job for the first year out of college. The U.S. Is not producing nearly enough jobs to support the hundreds of thousands that come out from college every year. My teachers who are 45 and 50 say there STILL paying loans off. It's sounds stupid but I'm aware of hundreds of jobs where you don't need a degree. My dad didn't go to college yet he is the manager of a big asphalt company and makes good money.

  • Student debt is not worth the lifetime income earned from a higher education.

    Student debt is not worth the lifetime income earned from a higher education. As the cost of education keeps increasing, I think that this is going to ultimately decide whether or not high school students continue on to college after school. It is a shame but most degrees earned in college are not worth the price of the university.

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