Deploying graphics against the "current fad" of arguing – as McArdle did last week – that college isn't worth it, Catherine Rampell makes the case for taking on loans:
[W]hile there are lots of stories about broke college grads, people with higher education are much less likely to have low incomes than those without degrees. Sure, you say, but people graduate from college with a lot of debt, which must surely wipe out their higher earnings! Even factoring in the debt, though, college is still a great investment [when looking at] return on investment for going back to school compared to investing that same tuition money in the stock market, long-term Treasury bills, housing, corporate bonds or gold.
The Dish 