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I don't like Twitter threads but I agree with Sam Altman in this case. Waiving student loan debt but not resolving the root cause will give a clear signal to co
by ab_testing 5y ago
I don't like Twitter threads but I agree with Sam Altman in this case. Waiving student loan debt but not resolving the root cause will give a clear signal to colleges - Increase tuition as much as you want because the taxpayers will again pick up the tab in a few years .
- onlyrealcuzzo 5y agoCreditors would be on the hook - not colleges - if students default.
- WillPostForFood 5y agoTaxpayers are the creditors for 92.6% student loans. https://educationdata.org/student-loan-debt-statistics#:~:text=While%2030%25%20of%20undergraduates%20borrow,92.6%25%20of%20student%20loan%20debt https://educationdata.org/student-loan-debt-statistics#:~:te....
- walkhour 5y agoThank you for this data