From Other Words
Students who got defrauded by for-profit colleges were going to get loan forgiveness until Betsy DeVos showed up.
Education Secretary Betsy DeVos is back in the news on a topic close to my heart: student loans.
It's close to my heart because I'm six years into a PhD program and six figures in debt right now. While my life has been immeasurably enriched by my education, I'm not taking on this amount of debt simply because I love learning.
Like anyone, I'm doing it because I need a job.
My student loans were a calculation of risk vs. reward: I took on this debt because I believed doing so would result in eventually finding a secure, well-paying job that would allow me to pay it back and then some. Just the learning, or even the degree alone, will not be worth it unless my degree leads me to a job.
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