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The vast VAST majority of people with student debt aren’t working for white glove law firms or teaching at MIT. Lots of folks with debt never finished college; I don’t see the argument that forgiveness will disproportionately help the wealthy given the average student profile https://twitter.com/scubafordogs/status/1328355076365234181
Like, having a degree correlates to higher earnings but that curve is real wide and you can almost split it into tranches
When you factor in how many of the top-paying jobs need advanced degrees and you look at bachelors-only demographics, those earnings numbers come down
When you factor in how many of the top-paying jobs need advanced degrees and you look at bachelors-only demographics, those earnings numbers come down
But what do I know, I don’t have a degree so I’m supposed to be mad that we’d subsidize people who’ve been predated upon by the billion-dollar industry that keeps them shackled by debt so they can’t do things like pour all that money into this absolutely floundering economy
And just from a political perspective, it’s a rare person in this country who doesn’t love someone with a huge school debt burden. Parents and grandparents have sweated over them, every friend group at least has a cosmetologist or nurse in it; we ALL know someone with debt.
So sure maybe people would be pissed if you were fully forgiving Ivy League humanities degrees (not that those fields aren’t important but that’s easy to demonize) but if you’re forgiving my friend David’s mechanic certifications why would I be mad about that? I like Dave.
It’s Obamacare all over again, where the only reason people would hate it is everyone has branded it as objectionable
But if you ask people about anything in it without naming the program they think it’s great
But if you ask people about anything in it without naming the program they think it’s great
