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Borrower's Remorse
The saddest comment during the Your Money Helpline Tuesday:
One caller said her husband had a graduate degree from an Ivy League college, $150,000 in student loans, only four classmates have jobs in their chosen fields and the offers he's seen so far are paying $38,000.
The degree, the caller said, wasn't worth it.
For more issues, questions and answers from the Helpline, look at the next item below in this blog. Or go here: http://blogs.trb.com/business/columnists/brackey/blog/2009/10/live_chat_your_money_helpline_2.html
And Sunday, read my column. More from the experts.
Harriet Johnson Brackey, the personal finance writer for the Sun-Sentinel, has been an award-winning business...
Comments
I find most college graduates are idiots with crappy attitudes. They are almost as bad as high scholl dropouts. They think theyare entitled to high paying jobs. Colleges have become socialist indoctrination centers.
Posted by: Stan | October 8, 2009 11:11 AM
One of my ex-wives had a MBA from Nova and she was about as smart as a rock. She had over 80K in loans and wouldn't take a job for less than 75K because she felt it was beneath her.
I on the other hand was in the work force making pretty good money out of high school and didn't get my degree until 10 years later.
I am all for college, but people need skills that aren't taught in college as well and I think as long as you have a piece of paper to back you up it doesn't matter too much where you got it so go cheap.
Posted by: OJS | October 8, 2009 12:24 PM