That's not the best advice. And its vastly oversimplifying things. Assuming you're degree is $30k a year, and your career pays $25k, yeah its doesn't make sense. But let's say your degree is 40k (about what my MBA cost) and it increases your salary 10k in the first year, after 5 years its paid for itself (and any interest), and now you're making 10k more each year. It also complete eliminates most jobs that people do for the love of it (Drs without borders, Legal Aids, most teachers, etc).
Okay I admit I majored in something without a lot of big job opportunities (Creative Writing) but it's been almost a year since I graduated, I still only have entry level part time jobs, but it still gives me such amazing pride and confidence knowing I did what a lot of people gave up on. and it was totally worth it
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