No Problem with Student Debt? by Marc Bousquet

"Among the many inconvenient facts that Wilson leaves out is that present trends suggest that 40 to 50 percent of all persons with bachelor’s degrees in 2009 will eventually go on to graduate or professional school.* Those debts can be enormous, and when one acknowledges the real chances that any individual with a B.A. will go on to grad school the “lifetime of debt” is indeed more “likely.”"

"But even if we accept the focus on those who get degrees and find employment, and ignore what for many is the inevitability of grad-school debt, what about those in the current graduating class — who aren’t finding jobs with employers planning on hiring 20 percent fewer college grads and offering lower salaries to 20 percent of those they do hire? Even recent grads from good schools with econ degrees are going on food stamps."