09-15-2019, 09:25 PM
(09-15-2019, 02:48 PM)sanantone Wrote:(09-15-2019, 01:33 PM)eriehiker Wrote: I'll play devil's advocate on this one.
If 36% say that their college debt was not worth it, then maybe 64% say that it was worth it? That's not a terrible percentage.
Also, the survey asked people who were 18 to 34. That might not be the best age range to ask. People within that range presumably have the highest amount of debt because they are recent graduates, haven't paid much off and have yet to realize the benefits of increases in pay scale, etc.
Presumably, the numbers don't include those people who graduated from college without debt. Addition of those students would likely make the numbers more favorable in terms of the value of college.
The article also mentions that most of those surveyed said that they were "better off" because of their education. So there seems to be a sizable chunk of people who are better off, but say the debt wasn't worth it. That seems to be an ambivalent position that could change with some years and pay increases.
I don't know why anyone under 25 would be surveyed.
Now THAT'S funny
You're right. Having a 25-year-old son (who is really very savvy about money) doesn't have the life experience to feel burdened by debt and reflect on whether or not it was worth it.

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