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This ignores history to a great extent. There was a period of time, from 1945-1974, when the population did not largely rely on student loans (which were intro
by no_wizard 2y ago
This ignores history to a great extent.
There was a period of time, from 1945-1974, when the population did not largely rely on student loans (which were introduced in 1965 via Title IV if the HEA act) because they were both harder to get and had stricter rules on how they were marketed, they simply were not prevalent.
Yet, in this era of tax funds actually funding most university educations, many of those same “bullshit” majors existed and people graduated with them, and yet the entire world didn’t spin out of control and people didn’t suddenly have an inability to pay their debts or otherwise struggle simply based on their major choice.
I posit then, that the issue at heart isn’t the chosen major so much as the system in which university students largely exist in, which has become financially predatory to both students and their parents