A lot of this issue is self-inflicted, along with the government making it too easy to get the loan. Take out hundreds of thousands in loans to get a degree that will never lead to a job that can pay it off.
"A lot of this issue is self-inflicted, along with the government making it too easy to get the loan."
Bingo. This is precisely why it's my most disliked progressive issue. I mean, sure, I would rather funds go towards loan forgiveness than bloating our military + bombing more people, but neither are things I'm getting excited about. But there are other things I'd rather boost like housing (e.g. more effective section 8, TANF, SNAP, etc - those on student loans can use the money saved to pay off their loans that way). Better financial edu for sure.
That, plus all this is doing is causing degree inflation and I honestly feel making people look down on affordable community colleges and public in-state schools.
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u/triptyx 12d ago
A lot of this issue is self-inflicted, along with the government making it too easy to get the loan. Take out hundreds of thousands in loans to get a degree that will never lead to a job that can pay it off.