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Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by Turing_Machine on Monday September 19, 2022 @12:39PM (#32900638)
You'd probably be surprised at how many of the student loans in default came from trade schools. I know the narrative is that all the people in student loan trouble majored in Bulgarian folk singing or whatever, but that's not anything like an accurate picture.

The largest outright student loan cancellation in recent years was for former students of ITT Tech, which was a trade school.

Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by rustybelt on Monday September 19, 2022 @12:44PM (#32900711)
Was it? How many plumbers, carpenters, or electricians came out of ITT tech?
Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by Turing_Machine on Monday September 19, 2022 @12:48PM (#32900771)
They had drafting and electronics technician programs, both of which would be considered trades, not professional degrees.

"Trade school" generally includes stuff like that. Also cosmetology schools, truck driving schools, and so on.

Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by ticviking on Monday September 19, 2022 @01:20PM (#32901175)
What happened a lot of the time is people choose the easiest program and it produces a wild oversupply in that field. Meanwhile we will basically always have an under supply of plumbers and septic technicians cause most folks hate the idea of working with sewage.
Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by throwoutway on Tuesday September 20, 2022 @09:26AM (#32911356)
> The largest outright student loan cancellation in recent years was for former students of ITT Tech, which was a trade school.

I don’t see how A massive fraud is even a relevant argument here. This isn’t a trade school like welders, plumbers, etc. and it certainly doesn’t justify the non-fraud subsidies