There was a time when I didn’t have much opinion on paying for college with student loans. That was before the advent of email and thousands of messages, all with a similar subject line: “Help! I’m drowning in student loan debt!”
That was before I learned that about 85 percent of college graduates do not end up working in their major. That was before I heard from Jim P., who took all the student loans he could get to pay for college and law school. He assumed he would quickly land a cushy big-bucks job and pay back $200,000. The fifth time he failed the bar exam, he gave up on being a lawyer. But the debt goes on.
