In another articulate and insightful Facebook post, Mike Rowe of “Dirty Jobs” fame explained why he doesn’t support student loan forgiveness and why he pities those who were “possibly sold a bill of goods” by going into debt for a four-year college degree.
“Lots of people on this page have asked me to comment on the various proposals to forgive hundreds of billions of dollars in student debt. Many it seems, suspect that I’ll be supportive of these efforts, since I’ve written at length about the outrageous rise of college tuition, and the scandalous ways in which hundreds of thousands of students have been conned into borrowing ridiculous sums of money to purchase degrees that never lead to an actual job,” Rowe wrote. “Well, for the record, I do not support student loan forgiveness.”
Democratic politicians such as Senate Majority Leader Chuck Schumer (D-N.Y.) have recently championed the idea of canceling up to $50,000 in federal student loan debt for each individual with government loans. Rowe argues that such a policy is fundamentally unfair, “especially to the millions of Americans who have paid their college debts, and sacrificed much to do so.” He also says that American colleges and universities will be incentivized to increase their already skyrocketing tuition rates because now the government is sending a signal that it will pay off student loan bills even if students can’t.
I should have gone to college & got my PHD if I knew it was FREE !!!!!