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comment by Captain_Ozone
Captain_Ozone  ·  4350 days ago  ·  link  ·    ·  parent  ·  post: For Poor, Leap to College Often Ends in a Hard Fall

The education debt will be the new economic bubble that bursts. With more and more students take out loans they cant pay back to expensive universities (not to mention for-profit colleges) that they might not graduate from. What also is frightening is there seems to be no way to escape the debt (It stays through bankruptcy).

College in America seems to trapped in the past where only the wealthy could take the chance on their children getting a degree, finding a job within that field that pays well enough. What sucks is a massive overhaul of the higher educational system, if that is possible at all at this point, would cause chaos and divide those who paid and those who didn't pay.