Saturday, October 23, 2010

College Graduate Debt

College graduates taking courses which lead to something as mundane as law, where a student can incur debts as high as $180,000. As I often point out: Up to World War II, you could take a Bar Exam in a tough licensing state as New York without going to college at all. Abe Lincoln and other lawyers of his veracity never went to college in order to practice. It is a profession studied by reading law, comments, and adjudications.

In fact, so many degrees given by colleges are for courses which can be learned in the library or over the Internet. These can be achieved far more cheaply than at formal institutions.

But without the on-campus social amenities.

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