#10 - Why Student Loan Forgiveness isn't a Thing and a Better Solution to Skyrocketing University Costs
Episode description
What we cover:
Front and center in the news this week is AOC's bid for the spotlight, circling back to President Biden's campaign promise to "forgive student loan debt." Kathryn's got a quick Econ 101 refresher for us: there's no such thing as canceling this ~$2 trillion in student debt. It will have to come from somewhere. Tune in for a deep dive into the different scenarios Americans are facing. This is keeping Lizzie up at night, so hear us out.
We’ll also cover how the different generations feel about 4-year degrees, trade school and the gig economy. Absolutely. There is value in taking 4 years to prepare for the workplace and marinate in a stimulating education while building a network that will serve you the rest of your career, but is it really worth $200,000+? It’s a good thing we are Spring Break Casual today because this topic gets us pretty feisty.
Student Loan Skyrockets Article
How Forgiveness of Student Debt Would Impact Economy
Student Loan Forgiveness Article
Megan Kelly and AOC in the Ring Working for the Headlines
Student Loan Cancellation Article
Trade Jobs Career Path Article
We all Cringe for Millennials Article