Submitted by malxredleader t3_zt1uxm in dataisbeautiful
fastcat03 t1_j1cx04k wrote
My mom who dropped out of college was parroting conservative talking points against student loan forgiveness until I explained the changes in cost to her. If the cost was the same as the 80s and 90s it wouldn't be a problem similarly if incomes from jobs that you can get with an average degree had increased since the 90s. The problem is that costs have ballooned while incomes and stay mostly the same. The math doesn't add up yet young people are still told to go to college to get a good job and many professions require college education if not additional schooling. Forgiveness helps but we really need regulations on how much publicly funded universities can charge residents of their states. It doesn't make sense if the average income is 40-50k to charge 15k a year in tuition alone.
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