The New York Times – David Leonhardt
“Student debt is a vexing issue, because it’s a legitimate problem, but not the problem that many people assume…The real problem are people who tend to have less debt – say $10,000 or $20,000 – but who never graduate from college or who earn a degree or certificate with relatively little value…They don’t realize that the medical assistant certificate program in which they’re enrolling won’t do much for their job prospects…Compounding the problem, they also tend to underestimate how much debt they will take on…they do not have a firm grip on their financial situations…”(more)