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I don't think it's fair to call a bachelor's degree a trap. Year after year the data shows you'll make more money if you graduate: http://www.nytimes.com/2014/

• aaron-lebo 12y ago
  There is the latter group which you mention that is trapped. But as for studies that show you make more if you graduate, that's only because we have designed the system that way. You can't get many jobs without a bachelor's degree (often times in anything), regardless of whether that four years of education is actually needed. Were the trap is for those people is the lost spending power every monthly student loan payment means for them. It limits what they can do. I'm all about learning for learning's sake, but the question is whether these degrees are actually worth the artificial price tags we've put on them.
  • bdcravens 12y ago
    Went to school for 2 years, taking on $6500 in debt without knowing what it meant. (state school in Oklahoma, so I know that's low end for 2 years) Bad grades (staying up all night hacking around on langages, Linux, you name it, on a used 486 I bought) meant I lost my financial aid, had to get a job to live, so started my IT career doing help desk for regional ISP. 15 months later (early 2000) got my first real programming job, and the rest is history. Still paying off that $6500.