America’s newspaper of record reports that the average lifetime earnings of graduates who have earned a gender studies degree rose sharply to $10,000 this week. The report also notes—
[s]ome college graduates with gender studies degrees are actually hitting up to $20,000 if they received Pell grants, doubling the most common average of $10,000, and being more than $20,000 over the previous average of $0.
The idea of forgiving student loan debt keep resurfacing. I’m sure some folks think it’s a good idea, but is it fair? What about those of us who paid our tuition as we went along? Shouldn’t that be refunded to keep things fair?
Let’s see … I graduated from Vanderbilt in May, 1970, having spent $9600 on tuition. The legal rate of interest in Tennessee is 10 %, so [punches calculator buttons] I’d be due $1,364,000.
Seems fair to me.