Student Loans For "Useless" Degrees

One of my favorite right of center pundits, Josh Barro says:

These are not people who got screwed. These are people who have gainful employment available to them and made follow-your-dreams life choices that reduce their incomes. That’s their prerogative; it’s not anybody else’s problem.

This is true, but the "following your dreams" part is not the bad part. Everyone who is capable of making money doing what they love and are best at should do that. What's dumb is to go into a huge amount of debt for an advanced degree that doesn't result in a suitably large change in income over a more basic or general degree.