4 ms·
> We still need our English, History, and other majors out there in the real world even if we don't expect them to make a great ROI on their degrees. I agree,
by cheriot 4y ago
> We still need our English, History, and other majors out there in the real world even if we don't expect them to make a great ROI on their degrees.
I agree, but getting them from an expensive private school is a luxury.
> I think my approach to change the system would be to put a cap on the maximum loan that the government will back, and have that cap be influenced by major. This would be similar to the conventional loan situation for mortgages.
Some kind of cap is a really good idea. Especially if that means state schools are covered, but not the entire 80k/year of a private one.
The way student loans are difficult to discharge in bankruptcy means a lot of kids make a mistake they'll spend the rest of their life trying to get away from.