Higher education can be a bad financial investment – Study

By Alison Moodie. For years, a college education has been viewed in the United States as integral to securing a stable, well-paid job. President Barack Obama has emphasised this point time and again, most recently during a speech on 31 May, when he urged Congress to prevent student loan interest rates from doubling this summer.
“The surest path to the middle-class is some form of higher education," Obama said in the Rose Garden of the White House, surrounded by college students. “Higher education cannot be a luxury for a privileged few."
But college is not for everyone, and can in some cases be a bad financial investment, according to a new study by the Brookings Center on Children and Families. Read more...