"Student loan forgiveness would be windfall for dentists, doctors and lawyers" --------- If Democrats are going to do ANY forgiveness at all, it needs to only be limited to undergraduate loans. Grad school graduates have a much easier time finding jobs and repaying their debts.
(thehill.com)
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but but but, what about all those poor debt-laden majors in "african studies", "women's studies" "gender studies" and all the other "studies" majors?
Seriously, though, the banks should never have given loans for "studies" majors in the first place. We shouldn't make loans encouraging people to get useless degrees.
Those with private loans (banks) can expect to be pretty much SOL, no matter what happens with student loans.
Most of the narrative of student loan forgiveness revolve around Federal loans.
I always wondered how people justified studying something with "____ studies", and expect to somehow make a decent income out of college.
Who did they think would hire them, Wall Street banks? π
My dentist hubby paid off his own student loans. As a new young dentist it hit us hard financially. What he makes now vs. back then isnβt comparable.
Or make the loans commensurate with the pursued degrees. Degrees that yield higher paying jobs have an expanded loan limit, and vice versa. Maybe that will address the real issue of overly-inflated tuition rates.