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April 29, 2008

Is College Worth the Debt

My column this week asks IS COLLEGE WORTH IT?
http://www.suntimes.com/business/savage/918870,CST-FIN-terry28.savagearticle

When you think of the huge debt that many students -- or their parents face -- upon graduation, you really have to ask whether it's worth it? Not that education isn't worth all the money in the world -- but that you have to pay it back over 20 or 30 years, at a relatively high interest rate and a huge monthly burden compared to what you can earn because of that education! What do you think? Can you think of alternatives?