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If that's the case, then why is student debt such a problem? Or is that equally overhyped?
by seriousquestion 5y ago
If that's the case, then why is student debt such a problem? Or is that equally overhyped?
- paulpauper 5y agoThe wage premium holds even after accounting for debt
- JanisL 5y agoStudent debt is structurally not the same as other debt because it's non-discheargeable and this changes a lot including who is offered the debt in the first place.
- sokoloff 5y agoThe latter difference is a good one in a great many cases. If asked to name two major factors to elevate people into the middle class, I’d choose education and ownership of their home. Policies and structures to allow people on the precipice access to funding required to take the leap and which attempt to keep the system stable by putting personal “skin in the game” find support with me.