Is Higher Education Worth It?

According to the National Bureau of Statistics, there is only one job for every five applicants in America today. And with most jobs in the U.S. being off-shored to the Far East and Latin America, it’s a safe bet that this statistic is not changing anytime soon.

The outlook going forward is very bleak for college graduates.  The typical seventeen year old seems dying (literally) to sign their life away to JP Morgan, Citi Bank, and Wells Fargo in exchange for $80,000+ in student loans.  Now, don't get me wrong, I consider education is extremely important.  Everyone needs to have a skill-set.  What I am saying is that I don't see a positive ROI (Return-on-Investment) when one has to assume such a mega-debt loan.  Therefore, students and families should find ways to finance education without taking on such a tremendous debt loan that will take a lifetime to repay.  Just don't do it!