At the time of this writing, many graduates are concerned about the burden of their student loans. Albeit student loans make an undergraduate degree more financially attainable, the expansion of these loans has driven up the prices of tuition, along with other factors. Consequently, loan balances are increasing, translating into more student loan debt—a bubble waiting to pop.
This, along with a myriad of other factors, raises the question if college education still is a worthy long term investment.
In this paper titled, “Is College Still Worth It? A New Calculus of Falling Returns.” explores this topic in more detail.