NOT A'LOAN': Some college students disagree with Biden's massive handout
Columbia University sophomore Jeffrey Wolberg and George Mason doctorate student Preston Cooper argue Biden’s student loan handout will create ‘a cycle of more debt.’" panel Thursday, warning about the repercussions of President Biden’s student loan handouts.
"If this means that people take on more loans, under the expectation that these loans are going to get forgiven, and we end up with a cycle of more debts, more degrees that, as Jeffrey mentioned, might not necessarily be worth that much," George Mason doctorate student and Foundation for Research on Equal Opportunity’s Preston Cooper said. "And I really worry about what it means for the future.
"It's great to indulge your passions while in school, but you have to actually consider: what are my expected earnings? And, how much do I expect to make?" Wolberg explained. "I may want to study art history. It's a great subject, much love to it, but unfortunately, it doesn't pay so well after you graduate."
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