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I've not seen this debate contextualized that way. Is it predominately ivy league grads calling to have their debt canceled? If so, I think that really ought to
by nirvdrum 4y ago
I've not seen this debate contextualized that way. Is it predominately ivy league grads calling to have their debt canceled? If so, I think that really ought to be highlighted.
- silisili 4y agoI mentioned it because Yale specifically is one I passed on due to the loans I'd need to take. That said, a quick Google says that 12% of student debt per year is taken by students at elite schools, despite it representing a tiny portion of borrowers. Link below. https://www.brookings.edu/opinions/biden-is-right-a-lot-of-students-at-elite-schools-have-student-debt/no https://www.brookings.edu/opinions/biden-is-right-a-lot-of-s...
- nirvdrum 4y agoWhen I click that link, I get redirected to https://www.brookings.edu/articles/no-aid-to-religion-charitable-choice-and-the-first-amendment/ https://www.brookings.edu/articles/no-aid-to-religion-charit.... The article is titled "No Aid to Religion?: Charitable Choice and the First Amendment". I read it, but it was written in 1999 and not relevant. I'm not sure what's going on there. I did manage to find the article though. Thanks for sharing. Based on my own experience attending a private university, I had thought students at ivy league schools mostly used private loans. Unfortunately, the article doesn't break out which debt is government-backed and which isn't. This much debt in general is problematic for young professionals, but my understanding is that "cancel student loans" is about the government-backed debt. I'll have to see if I can find a breakdown somewhere.