When we read these articles about new graduates struggling with loan debt, or see these students on TV, it’s worth paying attention to the fact that the graduates in question are hardly ever engineers or computer programming students. Liberal arts majors need to recognize the greater risk in their loans. If you want to study art history, fine, but don’t delude yourself into thinking you will find a high-paying job in the field. You will be extraordinarily lucky to find any job at all.
Eduhonesty: Where’s the money? That’s the question that all high school students should be forced to answer for themselves before they enter college. High schools owe students a realistic understanding of student loans, weighed against the likely earning potential of different college majors.