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Student loans! Nothing is more profoundly affecting young American's ability to innovate after they've left school, than the growing, crushing debt from student
by solve 12y ago
Student loans! Nothing is more profoundly affecting young American's ability to innovate after they've left school, than the growing, crushing debt from student loans.
It's the primary reason that I've moved out of the US for the last several years. I didn't want to waste all of my 20's and 30's, never being able to take sufficient time off to build the innovation that I want to exist.
On the flip side, not having this debt while working in the US is a huge relative advantage for recently-immigrated foreigners.
- happyscrappy 12y agoNot having that debt should give foreigners a huge advantage whether or not they come to the US, but that does not seem to be the case.
- solve 12y ago* All else being equal. As in, explaining to people here why e.g. a $70,000 / yr salary in the US would be much more attractive to them than it would be to me, with >$100,000 in high interest student loans. And all often is nearly equal in the US - as long as you speak English and can get the visa without the company's help.