Graduating college students faced with student-loan debt may be dissuaded from entering public-service careers like teaching and social work. The high cost of education could be cause for a slow-down in the public-service sector, according to a report by the State Public Interest Research Groups’ Higher Education Project.
The report says that students could face unmanageable student loan payments if they choose professions like teaching or social work. The government estimates that 2 million new teachers will be needed in the next decade, but 23 percent of all four-year public college graduates and 38 percent of private college graduates won’t be able to fill the void for monetary reasons.
