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The Water Cooler
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Billionaire's gift eliminates student loan debt for 396 students.
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<blockquote data-quote="donner" data-source="post: 3236118" data-attributes="member: 277"><p>i'm confused. Why are we worried about whether this was 'fair' or not? This doesn't lessen the accomplishment of those who paid their own way (save for maybe removing some sense or moral superiority, i guess), but it certainly could make a big difference for those that took out student loans trying to better the chances for themselves or their children. </p><p></p><p>And the 'get them jobs' argument is ********, frankly. Being educated has value unto itself and can provide a good foundation for vocation training from an employer. And yes, not everyone should go to college and trade schools are woefully undervalued right now. But saying that a background in history isn't worth getting because it 'wont get a job' is disingenuous and undervalues skills that you learn and knowledge you acquire (some of which may not be beneficial to your first job out of college, mind you, but could be of value down the road if you change jobs, etc). </p><p></p><p>If we want to talk about debt vs payoff then we need to look at things like state funding for education, predatory lending, for-profit colleges, administrative bloat (as was noted) and maybe other factors.</p></blockquote><p></p>
[QUOTE="donner, post: 3236118, member: 277"] i'm confused. Why are we worried about whether this was 'fair' or not? This doesn't lessen the accomplishment of those who paid their own way (save for maybe removing some sense or moral superiority, i guess), but it certainly could make a big difference for those that took out student loans trying to better the chances for themselves or their children. And the 'get them jobs' argument is ********, frankly. Being educated has value unto itself and can provide a good foundation for vocation training from an employer. And yes, not everyone should go to college and trade schools are woefully undervalued right now. But saying that a background in history isn't worth getting because it 'wont get a job' is disingenuous and undervalues skills that you learn and knowledge you acquire (some of which may not be beneficial to your first job out of college, mind you, but could be of value down the road if you change jobs, etc). If we want to talk about debt vs payoff then we need to look at things like state funding for education, predatory lending, for-profit colleges, administrative bloat (as was noted) and maybe other factors. [/QUOTE]
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Billionaire's gift eliminates student loan debt for 396 students.
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