[lucysmom]

A lot of college students have to make a similar decision. They eat macaroni and cheese, take the bus, and live in a dorm for years -- so that they can eventually qualify for a better job. Is that more or less rational than dropping out early to take a job?

In either case, its an act of faith. Faith by definition is not rational.

[USFRIENDINVICTORIA]

"In either case, its an act of faith. Faith by definition is not rational."

Students are playing the odds. They can see that people with higher educations tend to get paid more. They weigh the downside against the potential up-side, and determine what they think is best for themselves.