[bayesian_horse]

When students acquire student debt to go to an expensive college, or get the same money from their parents, they do so because they expect to come out with a benefit over going to a state school.

And, maybe unfortunately, given some due diligence, that decision is still most likely the correct one. And yes, there are fraudulent schools and diminishing returns etc.

[scarface74]

They can expect a lot of things but if you are going into a field that doesn’t pay above average wages, it really is not a great decision to go to a more expensive school.

But the popular refrain on HN - which I don’t agree with - is that the purpose of college is not to get a job.