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the-pi-guy said:
Chrkeller said:

Interesting graph below.  Almost like worthless degrees from for profit "universities" is in fact the problem. Hmm....

There's not "1 problem". There are several.

Even in your graph, nonprofit private universities are on the bottom, whereas public two year anniversaries are almost as bad (in this measure) as private for profit. 

Of course there are multiple problems.  But anyone who is unwilling to accept that stupid degrees isn't a huge problem, at both non profit and for profit, is either naive or disingenuous.

Engineers, lawyers, doctors, chemists, computer programmers, etc are unlikely to default on loans.

For profit needs to go away.  Trade careers don't need 2 year degree, it is called on the job.  And a good percent of degrees at traditional universities need to be removed from the curriculum.

Either way, I'll happily comment on other topics, but for loan forgiveness there isn't much else to say.  I'm against it because it does ZERO to fix the problem.  If a boat has a leak, the leak needs to be fixed.  Continually bailing water isn't the strategic nor sustainable option.  But I get it, loan forgiveness makes people feel good because reasons.  

I stand by my comments.  Feel free to have the last word on loan forgiveness, I'm pretty sure this horse is long dead.