Canuckus Deploracus wrote:
A wechat group I'm in is comprised of mostly younger teachers from the US and Canada... Last night they were having a rather interesting discussion concerning student debt forgiveness in the US... Seems that the federal government is considering forgiving $10,000 in debt for each individual (not sure if this is true, they didn't provide an article)...
Anyway, some of them were considering using this as an opportunity to get some freebies... A lot of programs and certifications out there are less than $10,000...Moreland college for example offers some great online certifications and liscenses...
I find the idea rather deplorable... Individuals living overseas (this group is mostly Asia ~ China, Korea, Japan) taking taxpayer money (although it should be pointed out that Americans are still required to pay tax even when working outside of the US)...
Personally, I'm against most forms of debt forgiveness... Especially concerning student loans.... But that opinion isn't shared by most Millennials...
One of the women in the group is a dual citizenship (UK/USA...But her parents are from Nigeria) and has an astonishing amount of student debt... She admits to having had to take a math course six times in order to graduate... Her degree is in visual arts and she was jobless for a year upon graduation...Which led to her first moving to Korea to teach ESL (fired three times in a year) and later China (fired twice in her first year and now unemployed despite there being a desperate need for foreign ESL teachers over here)... She hasn't made a student debt payment in over a year due to the debt freeze, but will be unable to do so when the freeze ends...
She, and many like her, blame their issues on c***d and bad luck (she was fired five times in 2 1/2 years!!!) and openly advocate for student debt forgiveness...
I have a very different solution to student debt...Stop giving loans to i***ts who choose useless majors... When a straight A student applies for a medical program, that's the time for loans...
Your opinions???
A wechat group I'm in is comprised of mostly young... (
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Your opinion is my opinion's twin.