2013 survey of 60,000 people determined that the average student loan recipient would need 21.1 years to pay down their debt. - Outsourcing has never been easier. - Automation has never been more powerful. - Labors share of national income is at a historical low
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Replying to @Molson_Hart
Good summary. Rich ppl go to college to seek enrichment of lives while regular ppl failed to obtain any marketable skills to survive adult lives. If the student loans are too big to pay off with jobs after college, it is simply bad investment. Ppl sometimes may not see it
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