Reply to Canceling $10k of student loan debt is stupid.

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Reply to "Canceling $10k of student loan debt is stupid."

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Agree. I’d support income based repayment/forgiveness over 20-30 years with a 10 year repayment/forgiveness for certain lower paying public service jobs.

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Note that for high need, low paying public service jobs such as nursing, federal loans already get placed on a 10 year plan if it's a 2nd degree/career change, so those programs still don't benefit/incentivize those professions. My federal loans were $300 a month on a 10 year plan at something like 6% or higher interest.[/quote]

High need usually translate to high pay relative to other jobs of similar skill level requirements. [/quote]

If we're talking about nursing here, not high pay (which is why it's such a needed profession and has very high turnover, low retention, nursing shortage is a significant issue for healthcare throughout our country, and on and on). More also needs to be done to reform healthcare to make nursing more desirable especially to those who have the degree but get burnt out so quickly, but that's a separate issue. Would folks have an issue with loan repayment for police academy? Do they have an issue with US military receiving tuition benefits? It shouldn't be an issue to extend that concept to service professions such as nursing, teachers, etc.[/quote]

Don't be dense. There is a drastic difference between public and private sector workers. Private sector workers negotiate for their pay freely. Public sector workers cannot. [/quote]

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