The universities should be required to give refunds instead of handing out tax-payer money to people who got useless degrees and can't pay back their loans.
Absolutely. If you are allowed to get a ridiculous degree, and there's no market for it resulting in you having hundreds of thousands in student loans, the school should pay the loan. If what people claim about degrees is true, and it shows you are willing to persevere, then they'd be able to get jobs to pay their loans off. Since that is no longer the case, having a degree is a sign to employers that you have debt that you have to pay back.
It's a total win for employers: overwhelmingly, people with degrees are debt slaves.
Make the tuition payable in the future as a percentage of future earnings for a set amount of years. Then the universities would have an incentive to make the education programs worthwhile. Employers should have more apprentice programs, instead of unpaid 'interns', or 'entry level' jobs that require a degree and 5 years of experience. I've worked at several places that required a 4 year degree, it didn't matter what the degree was in or be remotely related to the job position.
Before guaranteed student loans college was a fraction of the price. Kids came home for the summer, worked and saved up money for the next year.
All loans do is increase prices.
I've worked at several places that required a 4 year degree, it didn't matter what the degree was in or be remotely related to the job position.
Those companies want a debt slave.
Before guaranteed student loans college was a fraction of the price. Kids came home for the summer, worked and saved up money for the next year.
All loans do is increase prices.
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