In Grim Job Market, Student Loans Are a Costly Burden

Paying for College
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<p>"They bought into the notion that if they went to college — never mind the debt — their degree would lead to a lucrative job. And repaying their student loans would never be a problem.
But the economic crisis has turned those assumptions on their ear as thousands of recent graduates have been unable to find jobs or are earning too little to cover the payments for loans that are sometimes as high as $50,000. " <a href="http://www.nytimes.com/2009/04/18/your-money/student-loans/18student.html?hp%5B/url%5D"&gt;http://www.nytimes.com/2009/04/18/your-money/student-loans/18student.html?hp&lt;/a&gt;&lt;/p>

<p>Another reminder for those asking "how much debt is too much".</p>

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<p>If the issue is going to college vs. not going to college, the job market for high school graduates is far worse than for college grads. Just to keep perspective. :)</p>