Higher education is a big sacrifice. At the cost of four to 10 years of sipping ramen noodles in a tin-can of an apartment, colleges promise a big future paycheck that will make degreeless peers wild with envy. Simply telling graduates that college eventually pays off doesn’t do justice to the deep sacrifices that must be made over the long term. Some very wealthy venture capitalists, such as Peter Thiel, have argued that college is a “bubble,” and the debt isn’t worth the payoff for many millennials.


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