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by jazzyk
2549 days ago
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I know at least a few upper-middle class families whose children went to get some easy, "artsy" degrees at $70K/year. The parents had their children take on student loans, and bought themselves BMWs at the same time. Now these kids graduated, are (predictably) struggling to make ends meet, and they may not be able to pay back their student loans. Should the loans be forgiven in these case, as well?
Who decides when and when not? Also, the loan money did not only go to pay for tuition - I saw students doing homework on their top-of-the-line MacBooks sipping their $4 lattes all day long. Expensive vacations in some cases, too. |
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