Comment Re:I told my kids all along to ignore career advic (Score 1) 165
The college degree loan thing was already becoming a problem when I was an undergrad over 20 years ago. It was fine when one might be borrowing $5000 per year as even entry-level college grad jobs that actually used degrees paid enough to make repayment of those loans doable, but the trouble was that far too many truly entry-level jobs started preferring college degrees when they didn't really contribute, so more and more demand for college degrees among people drove up prices for the limited seats. Which led to a balloon in both traditional colleges increasing their programs and their tuition, and for-profit colleges springing up to try to get in on the act.