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When It Does, and Doesn’t, Make Sense to Go to College

There’s no way around it: Student loan debt has skyrocketed in the US, and millions of students are behind on their payments or even in default. Sky-high interest rates are costing students more money to pay back than they can earn.

College used to be regarded as “higher education” … an innovative opportunity to continue your education in a specialized field. But it’s turned into a machine for universities and banks to generate money through massive enrollments.