With rising cost of education and the shift in the new job openings, there seems to be a mismatched of the number of graduates in a certain specialization and the demand for the particular job. The new graduate needs to pay a student loan and then trying to find a job is getting harder because of high unemployment rate. These and a lot of other factors are making it hard for the new graduate to survive. Do you think that earning a college degree is still a profitable endeavor these days?
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I disagree. I took a federal loan that reduced itself to half just by my working for the first five years. After that, the interest and payments were low until payoff. It was very much worth it.
Consider yourself lucky. Most all of the graduate I talk to about their student loans are depressed and frustrated beyond belief about it. Especially if they get married and their partner has more in student loans than they do.