Subscribe

Here’s Your Crisis: Student Loan Debt Isn’t A Myth [Infographic]

March 08, 2013 at 7:00 am by: seeta Category: Civil Rights, Economic Terrorism, Education, Intersectionality, Poverty, Workers' Rights

Print Friendly

From CampusProgress:

The student loan crisis is a myth.

So say Nicole Allan and Derek Thompson, who argue in this month’s issue of The Atlantic that the economic returns of college far outweigh the burden of student loan debt.

“Horror stories of students drowning in $100,000+ in debt might discourage young people from enrolling in college, but they are as rare as they are terrifying,” Allan and Thompson wrote in the article. “The economic value of college, meanwhile, is indisputable.”

Allan and Thompson looked for crisis in the wrong places. Six-figure calamities are indeed rare, but millions of Americans are caught between stubbornly weak labor markets and increasingly costly higher education.

1 comments
nancy a heitzeg
nancy a heitzeg

thanks for this..a crisis we don't speak of enough..


show
 
close