Great point. And that borrowed money goes into whose pocket? The push for a college degree is a money making scam. This article further perpetuates that scam. I don't believe the 98% figure either.
The research does seem to take into account the debt load, but I’m still skeptical. I’d wager there is some massaging going on of realistic salaries.
Also, even if this were accurate today (which I doubt), tuition is way outstripping GDP right now. Salaries are most certainly not. Therefore, it’s extremely likely that the value of a college education is going down, down, down.