It does. Everyone kept telling me I'd miss college when I was done...and nope...im much happier, have less stress (plus more money) and I get to check out FS at work when I get bored ;)
I could be wrong but it seems to me that the students in this picture are looking for sympathy as to their educational debt. I have a real problem with the victim mentality that many young people have these days. THEY made the decision to go to those schools, not society or whomever they think is responsible for their debt. Its no different than buying a house they cant afford then painting the loan amount on the siding and expecting people to feel sorry for them. Its time to start taking accountability in our lives!
I see the point, but because of the way our society is structured, it is hard enough to get a good, well paying job with a degree and many many times harder without one. So ideally, you will be able to use your degree to get a better job and pay off the debt.
Thats kinda the whole point though. If you want to rack up 200k in debt because you just had to go to that super expensive private college, which took 6 years and you didn't work at all while going to school, and you are just gonna get your degree in sociology (no offense to sociology majors) and then get a job making barely anything more than you could have with a high school diploma, thats all on you. Your overall income is never going to pay back for those 6 lost years of work and 200k spent.
Now if you racked up that same 200k because you were becoming a doctor or lawyer, your income is going to start out much higher and you'll be able to pay your debt off eventually. If you map it out and the extra income you make from your college job compared to a high school job never ends up paying off the debt you acquired, then it wasn't worth going to college.
The problem, is that many kids don't know how to map all that out and just go to college because "thats what kids do after high school" and they have no idea what they want to do and they bounce around from major to major, take 6 years to graduate and then have a degree in something they know will be extremely hard to get a decent job in, won't make a ton of money, and they've racked up tons of debt with no foreseeable way to pay it off. I saw this way too often when i was in school and very few of them take responsibility for it and instead just blame it on the education system and it being too expensive. Are there some problems with our education system? Definitely, but a lot of the blame still goes to the students
Now if you racked up that same 200k because you were becoming a doctor or lawyer, your income is going to start out much higher and you'll be able to pay your debt off eventually. If you map it out and the extra income you make from your college job compared to a high school job never ends up paying off the debt you acquired, then it wasn't worth going to college.