@9FF5V671yr1Y
The National Center for Education Statistics (NCES) reports that among undergraduate students who completed a bachelor's degree in 2018-2019, those from the lowest income quartile had an average cumulative debt of $26,300, while those from the highest income quartile had an average debt of $16,800.
@9FMR4251yr1Y
The very idea that any loans taken out willingly be people to advance their own personal ability to earn should be paid for by working class people by using tax dollars to do so is a misuse of funds.
There is an onus on people who take out loans for school to take into account how their education will help them going forward and to consider how they will be addressing the re-payment of this debt.
It also ignores the people who were responsible who saved and worked to pay as much on their own as they could. Is the government prepared to back-pay all those people? Or are we in the business of punishing responsible choices?
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