posted on Oct, 28 2011 @ 03:18 AM
reply to post by tothetenthpower
I completely agree with most if not all of what you're saying. I think minimizing or eliminating student loan debt would help in more aspects than
just having more educated people. If people don't owe $50k+ in loans then they wouldn't need as much pay for work which would lower pay rates (as
bad as it sounds, remember, you're debt is lowered) which means companies would start hiring more people in house (meaning the US) which would mean a
higher employment rate, a lower homeless percentage, possibly a lower crime rate nationwide, and with all this, more people going to schools.
Of course, that outcome is looking on the bright side of things, but it is definitely a possibility...