Caveat Emptor: Student Loans, Bogus Majors

The New York Times published a story about Cortney Munna, an NYU grad, and the mountain of debt she has accumulated (almost $100,000!), thanks to student loans. This poor woman didn't help matters by getting a worthless degree in Religious and Women's Studies. Ms. Munna now works as a photographer's assistant in San Francisco.

The article's money quote: “I don’t want to spend the rest of my life slaving away to pay for an education I got for four years and would happily give back,” she said. “It feels wrong to me.”

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