Sorry I am fearful.When you have 100K or 200K in a debt and your job
prospects might be a minimum wage job at Wal-Mart, this is going to cause
problems. The current cost of college is extremely high generally but the push
to send all students to college is problematic.
I agree with Howard's conclusion. The push for everyone to go to college,
which has been so pervasive for many years, is highly problematic. There are
many important jobs, such as infrastructure support and agriculture, that should
not require a college degree as a prerequisite. This over-emphasis on
traditional college degrees is bad for the country on a long-term basis. It is
good to have an educated populace. It is not good to have a society in which
over-education is necessary to provide oneself the essentials of life.