Mark Doyle

A lot of people are dunking on this, and it’s true, she should have paid the $60 per month for 20 years and let the forgiveness kick in. But what they’re missing is that she was loaned $65k for a terminal master’s in historic preservation. That should never have happened. Tuition has skyrocketed because the ability of students to pay it has completely decoupled from how much money they or their families can afford. Colleges charge infinity dollars because students have access to infinity student loans. In many cases students hoping a credential will lead to a better life get duped into indenturing themselves permanently to get worthless terminal master’s degrees. If the loans didn’t exist, then the master’s programs wouldn’t exist, and if the master’s programs didn’t exist then employers wouldn’t be looking for job applicants with master’s degrees which don’t even connote any real skills. Burn this whole rotten system down.