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  Wednesday  February 12  2003    12: 14 AM

pre-bankrupting

STUDENT LOANS ARE FOR SUCKERS
The Fleecing of Our Young
By Ted Rall

Five years ago, I wrote a story called "College Is For Suckers." I argued that the costs of tuition, dorms and fees had risen so high that the additional income you'd earn as a college graduate---compared to going straight to work after high school--wouldn't make up for the massive student loan debts you'd acquire.

The magazine that ran my piece is no more. Both books that published it are out of print. But the problem of crippling student loan debt has gotten worse.
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