<p>The</a> Story from APM</p>
<p>Today's story profiles a graduate with debt, as well as other admission-related stories.</p>
<p>The headline for the debt story is a social worker with $150k in undergrad and grad loans. Who thinks they’ll make enough as a social worker to pay back this enough?</p>
<p>Am so glad my daughter is going into a computer related field!</p>
<p>There’s a shocker: social work doesn’t pay enough to cover $150K in loans.</p>
<p>While the student is ultimately at fault for signing up for those loans, it’s sad that neither parents nor counselors were able to prevent the train wreck.</p>
<p>Even worse, there’s no obligation for the school to provide a reality check. In most cases, the school plays an active part in facilitating the crushing debt load and benefits even as the student’s bright future is dimming.</p>
<p>^^correct, Roger and the school in question is NYU. That is why, IMO, school loans should be dischargeable in bankruptcy proceedings. If they were, schools like NYU would stop making unsecured educ loans forcing the student to attend a less expensive college for her degree. Instead, federal law encourages the reckless behavior by both parties – but at least the college knows better.</p>
<p>Where does it say she went to NYU?</p>
<p>google is your friend. :)</p>
<p>Oh I see. I need to start using that more. 
I guess it wouldn’t be a surprise that she went to NYU anyways since NYU is ranked #1 for most student debt.</p>
<p>The upward spiral of the present situation won’t slow down without policy change because more and more of the professionals (counselors, admissions officers etc.) helping kids and families make these decisions have crushing debt of their own, and they’re often young enough to still be racing along in their human-sized-hampster-wheels-of-a-lifestyle trying to keep their own dreams alive.</p>