Arraya sez:
[quote]fwiw – Out of the 780 billion in active student loans, only 40% are being serviced. The rest are in default or being deferred.[/quote]

Deferral includes time spent in graduate school.

It think it would be fairer to distinguish between the people who are focusing their efforts trying to cure cancer for less than minimum wage (when you factor in the 80 hour weeks) from people who are spending their time less productively.

And sadly, considering how much worse the academic job is these days, I’m afraid even highly trained postdocs number among the defaults…