Though student loan debt is very real the risk and debt that comes along with pursuing a degree is ultimately the better option because “Those with professional degrees had a median income of $87,356, more than three times that for high school grads” (Matthews “Part II”). This realization forces students to take out loans despite its consequences because racking up debt is the only way to have any chance at a good paying job. The fact is, “because of the poor job market, young people may have less of a chance than ever to actually get a good job commensurate with their education” (Taibbi). For those who choose to pursue a 4 year degree and deal with the debt, still struggle afterwards for many years trying the manage the debt they accumulated, diminishing their purchasing power long after starting their career causing them to postpone all investment
Though student loan debt is very real the risk and debt that comes along with pursuing a degree is ultimately the better option because “Those with professional degrees had a median income of $87,356, more than three times that for high school grads” (Matthews “Part II”). This realization forces students to take out loans despite its consequences because racking up debt is the only way to have any chance at a good paying job. The fact is, “because of the poor job market, young people may have less of a chance than ever to actually get a good job commensurate with their education” (Taibbi). For those who choose to pursue a 4 year degree and deal with the debt, still struggle afterwards for many years trying the manage the debt they accumulated, diminishing their purchasing power long after starting their career causing them to postpone all investment