You shouldn't come talk here about stuff that you're clearly unable to understand.
Yes, students becoming physicians will likely be able to pay it off. Now guess what? More will be deterred from going to primary care. Willing to take that? Okay. Now how about the thousands of other students that are getting Ph.D's and doing all the research so that you can have something to treat your patients with? Do you think they make 200k a year? Some will be lucky if they get to 80k a year after their doctorate. How about those in other health fields? PA, OD, DPM, MSN, etc.? These are not making gigantic amounts of money. The worst part in all this is that you're so willing to defend the government when just cutting defense spending alone could solve all the problems. We wouldn't even need to tax the rich like we should. Now with their tax holidays they will keep their money outside for the next one. What the rich are doing is trying to keep us ignorant or from progressing to the next bracket by education alone. Be thankful they didn't cut more? Seriously, f the government. We elect them to serve us, not f us.
Triage, let me set
YOU straight. FIRSTLY: PhD students don't pay a damn cent for their PhD education. They are PAID 20-25k/yr to do it, they pay ZERO tuition, nadda, none, ziltch, etc. The ONLY loans they have could be for cost of living or from UG or a MS/MA program. In regards to those with PAs/NPs/etc, they don't make meager wages compared to their debt. The total indebtedness for a PA student maxes out at about 100k for the most expensive schools. They're bringing in a minimum of 65k to start. NPs are bringing in more than that and typically have less debt. Sorry, again, they'll live. Subsidized loans are only subsidized for the time you're in school, once you're done, you're on your own.
Secondly, do the freaking math will you! This is seriously not more than 25.5k TOTAL over how ever many years you're paying it back. That is the MOST it can be. If you don't make a lot of money, you qualify for income-based payments, if you work for the public sector, you get your loans forgiven after 10-15 years. Give it up, sorry but people who are educated are much more likely to be able to pay off their debts, and be able to finance them. Sorry you're in a tight spot and this seems scary to you, well guess what, I've qualified for subsidized loans all of once in my life, so my entire UG tuition was financed on Non-subsidized loans, guess what, on my meager salary, I still manage to pay them. Before you start blasting me, it is YOU who need to fact check.
Thirdly, please quote me where I defended the feds. I said be thankful they didn't cut the loan program entirely. Where is that a defense of their actions? Please explain, if you can.
No just debt in general. Obscene levels of debt. Bubblelicious tuitions. PArt of a largter malaise of debt spending to be a middle class american.
While things generally crumble and get worse.
And why it doesn't even enter the political discussion that America will not last as an imperial force for global capital. At least. Not the america where the mailman can own a house and put his kids through college.
I agree with this.