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re: When do the DEMs/Biden get serious about some Student Loan Forgiveness?
Posted on 1/31/22 at 9:11 am to the808bass
Posted on 1/31/22 at 9:11 am to the808bass
quote:
We should also give out loans based on expected earnings. So, if you can make $50k coming out of college with your degree, you can take out a total of X of student loan debt.
If you can make $200k, you can take out more.
if we're going to go that route, tie the price of a degree to the actual cost of offering the degree. for all the grief that women's studies and art history degrees get, they are remarkably cheap to offer compared to engineering of science degrees.
Posted on 1/31/22 at 9:15 am to Bunsbert Montcroff
quote:
if we're going to go that route, tie the price of a degree to the actual cost of offering the degree. for all the grief that women's studies and art history degrees get, they are remarkably cheap to offer compared to engineering of science degrees.
The universities would be forced to go this route.
Posted on 1/31/22 at 10:34 am to Bunsbert Montcroff
quote:
quote:
We should also give out loans based on expected earnings. So, if you can make $50k coming out of college with your degree, you can take out a total of X of student loan debt.
If you can make $200k, you can take out more.
if we're going to go that route, tie the price of a degree to the actual cost of offering the degree. for all the grief that women's studies and art history degrees get, they are remarkably cheap to offer compared to engineering of science degrees.
So the university should pay people to earn degrees in women's studies and art history? I agree with this. You're potential earning should be what loans are based off of. The potential earning for either of those degrees is likely negative due to the loan debt vs income.
There's no way any discussion of limiting borrowing ability and cost will happen. The only likely outcome is that these idiots would base forgiveness based on current income. They would probably forgive the idiots who got bs degrees and the ones with engineering degrees would have to pay back 100%.
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