Will your education pay off?

I am always reading stories about people who take out debt for college and for graduate school and anticipate riches in the future.

For an example about a person who went to law school and who expects the debt to pay off, see http://www.ireport.com/docs/DOC-133729

Although this story could be true for a small percent of students, it certainly is not true for many that I know. I know far too many people who have graduated with professional degrees but are struggling to find a job. They are now deferring their loans payments.

You need to ask yourself a key question, "Will my education pay off?" More on how to answer this in later posts.