ping!
It’s true that it works for some and not for others. I hold four degrees (a Bachelors, two Masters and a Doctoral Level degree). At 46 I still have $59,000 sitting out there at 3.75%. Was it worth it? Yes. Why? Because I was able to get into ivy league programs and parlay them into a very high paying career.
To undertake that financial obligation for a soft science degree and masters or law degree from a third tier university and then to marry someone who did the same thing might not be an ideal financial move. It works on a case by case basis.
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.