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re: Probably been said but there is a fix to the student debt "crisis"

Posted on 5/16/24 at 10:15 am to
Posted by Bjorn Cyborg
Member since Sep 2016
27001 posts
Posted on 5/16/24 at 10:15 am to
quote:

Loans should be tied to value of the degree received and potential future earnings.


Totally against this. Too subjective.

A biology degree by itself is not very valuable, but many of those students go to med school.

A poli sci degree is not very valuable, but many of those students go to law school.

Many such cases.
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
5360 posts
Posted on 5/16/24 at 10:52 am to
Then why don't they just go to med school? Or law school?
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7608 posts
Posted on 5/16/24 at 10:54 am to
quote:

Totally against this. Too subjective. A biology degree by itself is not very valuable, but many of those students go to med school. A poli sci degree is not very valuable, but many of those students go to law school.


It doesn’t need to be that subjective.


Once you get to the Med school and law school levels obviously your loan amounts can be increased.


The goal with this is stepping. It is like having a credit card. Capital One just doesn’t give you a 100k limit credit card with no credit. You start with lower limit amounts and work up to your earning potential.
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