The L.A. Times reports :
College can be a bad financial investment, and a fair number of people actually should not go to college, according to a new study.
Higher education remains a smart financial choice for most people, especially those who attend selective colleges and get degrees in financially promising fields, such as science and technology, according to the analysis by the Brookings Center on Children and Families.
But college may not pay off for students pursuing majors in low-paying fields, such as the arts, or going to lower-tier schools. That’s hammered home for students with large student loans, and especially true for those who take on debt but drop out of school and never get a degree, the study found.
There's more:
One of the study’s more startling statistics is that 170 of the 853 schools studied -- or an astounding one in five colleges – had a negative return on investment.
Because America needs janitors with a four year B.A. subsidized with student loan debt.
