The life time earnings difference between a HS diploma and a bachelor’s degree is a about a million dollars according to the various articles pushing the value of a college education.
Guess what that $100K in student loans is going to cost her in interest? About a million bucks if she makes minimum payments. Federal Plus loans like she has are 8.5% fixed.
The only ones that are better off because she has a degree are the lenders and the college. It’s turned into a racket. Does she really need that BA to be a photographer’s assistant? Really?
Her BA was not a ticket to higher lifetime earnings, it was a ticket to lifetime debt slavery.
And those claims of that kind of lifetime difference in earnings are bogus, and rapidly becoming more bogus every day as the economy hollows out.
>>Her BA was not a ticket to higher lifetime earnings, it was a ticket to lifetime debt slavery.<<
It is called choosing. We all do it. Sometimes it comes out well, sometimes not.