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Student Loan Debt Forgiveness
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(06-25-2019, 09:46 AM)StroudCrowd1 Wrote: This seems to be a hot button item for the Democrats this election cycle. I don't personally have any student debt but I am curious to hear from those who do and what your thoughts are on having it forgiven via the tax payer (who themselves may not have had the chance to go to college to have debt in the first place)? I'm in the Dave Ramsey party on this one. If we're going to forgive it then it must be that it's a bad idea, so along with the forgiveness we also have stop doing it. I personally am more concerned about the credential inflation that we're seeing in the business world. When college is available to everyone then a high school diploma won't get you in the door. Line-level Manager positions that require a Graduate degree aren't uncommon anymore, when it used to be that only the C-suite needed those. The entry costs for ambitious white collar workers is very high, and middle management wages don't make for much of an ROI in the first 20 years of employment. “An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato
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