|
|
|
|
|
|
by kongolongo
1537 days ago
|
|
|
That's just not true. “While 39% of borrowers did not complete a degree, they account for only 23% of debt borrowed” [1] The stats clearly show the vast majority of student loan debt is held by degree holders and disproportionately by graduate degree holders with extremely high earnings potentials (doctors, lawyers, MBAs)[2]. Remember debt is a financial instrument, not necessarily a bad outcome. Graduate degree pursuers often hold a lot more debt, but will become much better positioned to repay it a few
years after graduation. [1]https://www.politifact.com/factchecks/2021/feb/12/alma-adams... [2]https://www.brookings.edu/research/student-loan-forgiveness-... |
|
|