<p>Bad</a> Job Market: Why Media Is Wrong About Value Of College Degree | The New Republic</p>
<p>Education is valuable. The cost of a college degree has been outpacing the rate of inflation for decades. At some point, for some majors, there is an absolute limit on the debt students should take on. </p>
<p>I heard an NPR piece the other day about students seeking summer jobs. They were profiling a medical student who would have $300,000 of debt upon graduation from medical school. Doctors’ incomes have been decreasing, not increasing, recently, when you factor in all the associated costs, especially malpractice insurance. Will she be able to repay her debt? And when?</p>