University degree does not justify the money invested in education

by time news

Journalists Melissa Korn and Andrea Filler, in an article published in the Wall Street Journal, spoke about Cassandra Jones, a 28-year-old young woman who is forced to sell her eggs in order to somehow make ends meet.

And this despite the fact that she has a master’s degree from New York University (NYU) with a degree in public health. Many of the university graduates, having spent significant amounts on education, find it difficult to find work and receive low wages, journalists say. Jones works as a “freelancer” for a non-profit organization and receives $ 1,500 a month, and for her studies at the university she had to take out several federal loans totaling $ 131,000, which must be paid back.

Over four years, the cost of completing a bachelor’s degree (lower education), including tuition and other expenses, can exceed $320,000, and NYU is quite stingy when it comes to providing grants. University grants cover approximately 62% of all undergraduate student expenses, the lowest percentage of any private institution. Therefore, students and their parents, more than in any other four-year university in the country, are forced to resort to federal loans.

Published in the newspaper “Moskovsky Komsomolets” No. 0 dated November 30 -0001

Newspaper headline:
Was it worth it to study?

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