Link of the Day: Seriously Practical Idea – Fixing the Student Loan Crisis in Zero Steps

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Fixing the Student Loan Crisis in Zero Steps

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5 Comments

  1. Here’s the only problem with that. We do need Literature majors, history majors and others that are over done. We need people who are not tin foil hat, crazies because if we allow the left to maintain their lock on these majors the dreck and rewriting of both history and literature will leave us with out historically accurate data and facts. Those who win the battles write the history. If we lose the intellectual battle for our society George Washington, Thomas Jefferson and Ben Franklin will be relegated to the dung heap of history and Shakespear, Chaucher and the Bible will be burned in effigy. Don’t be so fact to eschew the liberal arts. They did that in the 1960’s and see where that’s gotten us . Low information voters and the lame scream media.

  2. @1 – Yes, we need *some* liberal arts majors, but not very many, and even those few available jobs won’t pay well compared to the harder sciences. Making loans for tuition to these students is riskier, and the interest rate should be commensurate with that market risk.

  3. @1 :
    We’ll still have lib arts majors, even if there are no more student loans. Not everyone needs a loan to go to college. There are still people who have planned for it and set aside money to go, and there are still kids who work their way through.

    But here’s the biggest thing: Get government out of the student loan biz and watch how fast the tuition rates fall as the available money for edjumacation falls to the level that people can actually AFFORD, instead of whatever Uncle Sugar is willing to throw down a rat hole.

  4. Agreed… with reservation. If you want to major in one of the fine arts degrees and are able to prove that you can be employed in a stable field upon employment, then you should be able to be a music major if you want. I would hope they’d have enough flexibility to recognize that.

    Before you scoff– I earned a Bachelor’s of Music degree because I’m a church organist, which is a very stable field with a dearth of talented individuals, and salary potential in the 6 figures and beyond (as I get more established in my career/if I want to live in a metropolitan area). Hence, I was an excellent investment, and I had really good employment opportunities when I graduated as an organist, unlike the guitar majors hoping to gig for the rest of their life, or clarinet/flute performance majors vying for a limited number of orchestra spots.

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