Reply to Feds end student loans and institutional support for some majors

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think liberal arts do provide students with the education that this nation needs. This nation needs a lot of things.

I do think there is value in considering how many loans a young person should take on if pursuing certain degrees. Maybe that is a return on investment concept. [b]But we’ve had waves of people pushing for loan forgiveness because they can’t handle their student loan debt. Much of that push was from people who had degrees, which lead to jobs that didn’t pay them enough, or at least that was the argument. [/b]

Maybe no fed loans will equal lower tuition costs for those degrees. People can still get them but without the debt burden.[/quote]
I’ve struggled with my thoughts on this issue. I think it is irresponsible for young adults to go $300k in debt for a degree in education and do not support public loan forgiveness for choices like this. My nephew incurred a lot of debt for engineering degree - but he chose an OOS option. He will be paying for that degree for years. But it was his choice to go OOS. 
My own kids are going in state, public school. Total tuition will be under 70k for all 4 years. 
[b]Why should taxpayers pay for poor educational choices young adults are making? Why aren’t parents guiding their children to make financially responsible decisions?[/b][/quote]

I'm the PP and I agree. But we do have the money to pay for our kids (in-state only) tuition so easy for us to say. There are jobs that are very important but don't pay well, such as social workers. That's a needed profession the pay is terrible. People take on loans for that profession. I'm not saying that tax payer should forgive anyone's loans but it's in our public interest that social workers exist. It's not accurate to say that only high paying jobs are valuable but what do we do with the lower paying jobs that also are valuable? And, I'm not talking about degrees in 18th century French literature (had a friend with 100k in loans with that degree). [/quote]

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