Feds Miss the Mark Again on Student Debt Relief
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  • Anthony

    “But debt relief is a treatment for the symptom not the root cause, of the problem.” Now, how does government facilitate a higher ed status quo as recommended above? Related material by Gary Rhoades “Adjunct professors are the new working poor” gives another higher ed wrinkle in quest for different model.

  • Boritz

    This makes the unemployment/underemployment of college grads a lot more attractive. Maybe it’s better to take that cab driver or yogurt shop job to qualify for the lower payment schedule. For those who have moved back in with parents consider only working odd-jobs for cash.

  • Kevin

    I think income based repayment is a terrible idea. It further serves to distort the pricing mechanism in higher education. This will lead to people acquiring a suboptimal amount of education and in the wrong subjects. Plus it s fundamentally unjust – why should the taxes from productive plumbers and chemical engineers go to subsidize unproductive dilettantes who spend years pursuing economically useless degrees.

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