For many people, a higher education is the ticket to a high- paying job.
But what happens when the cost of that ticket becomes a deterrent to choosing a career that will pay a modest or middle-income salary?
“My worry is that even if people can afford to take out the loans, their career choices are going to be biased in favor of paying off their loans — biased in favor of careers that will make more money,” says former labor secretary Robert B. Reich. (login required.)