The student-loan market is not in a bubble and going into debt to pay for college is still worth it, according to a new report.
But those are the rare bits of good news in the otherwise dispiriting report on students’ escalating college debt.
While concluding that diplomas are worth the money, the study by Wells Fargo economists found that the payoff may not come for years because graduates are squeezed by several factors.
Tuition costs are rising faster than incomes. Graduates are having trouble finding solid jobs. And even when they find positions in their wheelhouse, some fields of study are relatively low-paying compared with the increasing debt students take...