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You can’t do that without also allowing lenders to not give loans. The entire mess is because we passed laws that require lenders to give loans out for school.
by 40yearoldman 4y ago
You can’t do that without also allowing lenders to not give loans. The entire mess is because we passed laws that require lenders to give loans out for school.
Pre these laws, they were passed for “equality”, lenders would laugh you out of the office if you tried to take a 10k lone out on a degree with a low likelihood of being paired back.
As a result we now have a bunch of crazy degrees people can get that have zero viability to make money, and even worse doctoral programs that just hand out Dr. Like it was candy.
- dinedal 4y agoLook, it's obvious when it's an aged degree and you can easily see that the granting of that degree has little chance to a highly paid job. What do you do when it isn't obvious? When I got my student loans for my comp sci degree, it was right at the bottom of the dot-com bust. Everyone was convinced all tech was going to be outsourced and that it was a dead end degree, foolish to pursue. If the banks had any say in if I would have gotten loans that year, it would have been no. And I wouldn't have gone on to a lucrative career in tech. I'm not convinced that letting loan underwriters pick the future labor force allocation is the solution.
- Swizec 4y ago> I'm not convinced that letting loan underwriters pick the future labor force allocation is the solution The trick is to not require loans for school. Works great in Europe, why not the richest country in the world?
- ouid 4y agodid you fail to read the eminent domain part?