U.S. To Forgive at Least $108B in Student Debt in Coming Years

Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by saint_fiasco on Wednesday November 30, 2016 @09:21AM (#13070893)

Individuals with useful majors can pay their own debt precisely because their major is useful. It's the people with degrees in terrible fields that need and deserve forgiveness, because they were scammed.

They shouldn't have been allowed into college in the first place, but the college was just too happy to take their money and give them nothing.

[ Parent | on HN ]

Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by superninja234 on Wednesday November 30, 2016 @09:33AM (#13070998)

So they can learn nothing and future generations can look at look at what happened and think I too should follow my heart and major in Stamp History because its a government subsidized major.

[ Parent | on HN ]

Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by saint_fiasco on Wednesday November 30, 2016 @09:41AM (#13071083)

But then the colleges will also learn their lesson and stop admitting such people. Also the institutions that finance them will learn to stop lending money for useless majors.

I'm all for personal responsibility, but isn't it too much to ask for teenagers to be able to resist propaganda from all sides that insists they must go to college and follow their dreams?

Students are not the problem, they are just doing what they are told. We just need colleges and banks and governments to stop telling them to be financial idiots.

[ Parent | on HN ]