Quote:
Originally Posted by tweezers74
Interesting conversation. If loans were dished out purely on earning potential, then I would think you would have a major abundance of a particular job and a deficiency in another, even though it may be needed. And there are other factors that make a job desirable other than money, for example stability.
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If there is an abundance of candidates for a particular profession the earning potential is going to go down due to supply and demand and it will become harder to get loans for that major. The bottom line is - will you be able to pay off the loan? Stability, personal growth, etc are all wonderful, but should an individual get them at someone else's expense? What does it do you a person's personal growth to know they owe thousands of dollars that they can't pay back?