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> The net present value of a college degree is estimated to be around half a million dollars. Then why do people with college degrees need bailing out?
by TigeriusKirk 4y ago
> The net present value of a college degree is estimated to be around half a million dollars.
Then why do people with college degrees need bailing out?
- woodruffw 4y agoBecause net and annual are different measurements. It's entirely possible to have an added net production of half a million dollars from a college degree and be swimming in immediately due debt from that degree.
- TigeriusKirk 4y agoThen restructure the debt. There's no need to provide further subsidies to citizens who are already half a million dollars ahead of other Americans.
- faeriechangling 4y agoIt’s not the ones with crushing long term debt that are half a million dollars ahead. Further the creditors are much wealthier than the debtors. Disadvantaging middle-upper class people in their fight against the upper class isn’t necessarily going to mean equality. Just allow the debt to be discharged conditionally. That’s in my mind the cleanest and fairest way to deal with this issue.
- OrangeMonkey 4y agoThe creditors is the American public via the may's. No, it is not clean and fair to allow someone who spent 4 years getting a degree that will put them ahead of the non-degree-citizens and then force the non-degree-citizens to subsidize it. It is nothing more than theft.