Reply to Concerns That New Department of Education Earnings Test Could Undermine Arts, Public Service Degree Programs

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would like to see the data. How many people are taking out loans for graduate level theater, art and dance classes and then defaulting on those loans? A loan repaid is not having a tax payer pay for it! Honestly, I wonder how many people are even taking loans that they can repay for those graduate programs as the interest rate on federal student loans isn’t that great.

What I hate about Republicans today is that they NEVER try to solve any problems. They look for esoteric edge situations and then present them as massive problems to foster culture rage in low information voters![/quote]

Is this a question of default or the American taxpayer?

For me, it’s more of a question of whether it’s ethical to allow an 18 year old to take on significant debt for a degree that will burden them for the rest of their lives.

I 100% support this kind of education. I don’t support the debt levels people face unless they come from a rich family.

It is true that just because you get a degree in something, that doesn’t mean you have to work in that field. I had a co-worker a long time ago who had a MA in 18th century French literature. She was never going to work in that field. She owed 100k in student loans (this was ages ago) and we both made 24k.

If parents can’t or won’t stop their kids from taking on debt that will haunt them for the rest of their lives, then maybe the federal government shouldn’t be complicit in that debt. [/quote]

Really? Show me how many 18 year olds are taking out massive debt for a graduate program in art, dance or theater! This person would need to have graduated HS at 13/14, and graduated from college by 18. I’d say anyone who accomplished that is pretty darn gifted and will do well. I’d also say the number of actual people in this scenario is negligible!![/quote]

The person in the example had a Master’s with 100k in debt years ago. Now it’s not uncommon to have a 100k in debt with a bachelor’s if you don’t have family support. [/quote]

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