While student indebtedness is a major concern, this same study shows that educational attainment correlates directly with income (29). Therefore, those that go to college, and go into debt because of it, are more capable of paying off that debt because unfortunately in today’s society, the higher degree one has the highest amount of income he will earn (29). Although this study suggests that graduates have increased employment opportunities at higher rates of pay with a college degree, not every student can find a job with their degree upon graduating from college. This results in hundreds of thousands of dollars in debt with little no income to
While student indebtedness is a major concern, this same study shows that educational attainment correlates directly with income (29). Therefore, those that go to college, and go into debt because of it, are more capable of paying off that debt because unfortunately in today’s society, the higher degree one has the highest amount of income he will earn (29). Although this study suggests that graduates have increased employment opportunities at higher rates of pay with a college degree, not every student can find a job with their degree upon graduating from college. This results in hundreds of thousands of dollars in debt with little no income to