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Comment by trollbridge

6 days ago

People buy into all kinds of money-losing businesses... Edible Arrangements, Nothing Bundt Cakes, various multi-level marketing type of schemes.

And yes, a lot of people are willing to go into debt to effectively pay to have a job.

> And yes, a lot of people are willing to go into debt to effectively pay to have a job.

That's the same _class_ element that OP was talking about, no?

I guess most of the people on HN don't see issue with people going into debt to get a degree, which is supposed to get them a job.

So how is it different to people going into debt to buy a franchise?

It's even a more straightforward way to actually get a job, while a degree, if it goes out of fashion on the job market, would have absolutely no use, and you'll have to flip the same burgers as the lad with no degree and no student debt.

It's not much different from going into debt to get a degree to get a job. Especially if your chosen field has only a single employer. In fact the college degree is often more speculative and risky, and a worse deal.