The nature of education is that it's always been an investment. Many jobs require a certain amount of preparation and training, and a college degree helps to make the case of preparation for a variety of jobs - and leads to specific training in accounting, business, law, medicine, and academic research.
One reason American student loan debt is so hard to shake is that students used to take out massive loans for college, declare bankruptcy, then go off to higher earning lives.
One reason American student loan debt is so hard to shake is that students used to take out massive loans for college, declare bankruptcy, then go off to higher earning lives.