Video: Trevor Gast on Student Loan Debt Forgiveness

From InsideAcademia.tv:

Former Pennsylvania Higher Education Assistance Agency service representative Trevor Gast discusses the pros and cons of student loan forgiveness plans, how they work and what they really mean for borrowers.  Relying on his inside knowledge and experience of loan servicing, he shares his insights on the growing number of borrowers defaulting on loans and the lack of training for jobs for which there is demand.

Key Take-Aways

  • 1:00 Student Loan debt forgiveness – a solution or just a bandaid? (1 min)
  • 2:45 Obama’s new plan to forgive loans after 20 years instead of 25 – who’s really affected?. (2 min)
  • 6:00 Student loans are what drive up the price of tuition (2 min, 20 sec)
  • 8:45 Who should step in? The Department of Education?  Employers? Society? (40 sec)
  • 10:00 All loans now via the government, over a $ trillion in debt for tax payers. (2 min, 50 sec)
  • 12:50 The inefficiency of dumping more money, but not educating for the right jobs (1 min)
  • 14:30 Why hasn’t the DoE implemented the same measures with non-profit schools as for-profits?
  • Share

Most Commented

October 31, 2023

1.

University of Washington Violated Non-Discrimination Policy, Internal Report Finds

A faculty hiring committee at the University of Washington “inappropriately considered candidates’ races when determining the order of offers,” provided “disparate op......

January 24, 2024

2.

After Claudine

The idea has caught on that the radical left overplayed its hand in DEI and is now vulnerable to those of us who seek major reforms. This is not, however, the first time that the a......

December 9, 2023

3.

The Presidents and Academic Freedom

What are the boundaries of “free speech?” They are pretty much the same as the boundaries of civilization. Savages need not apply....

Most Read

May 15, 2015

1.

Where Did We Get the Idea That Only White People Can Be Racist?

A look at the double standard that has arisen regarding racism, illustrated recently by the reaction to a black professor's biased comments on Twitter....

October 12, 2010

2.

Ask a Scholar: What is the True Definition of Latino?

What does it mean to be Latino? Are only Latin American people Latino, or does the term apply to anyone whose language derived from Latin?...

September 21, 2010

3.

Ask a Scholar: What Does YHWH Elohim Mean?

A reader asks, "If Elohim refers to multiple 'gods,' then Yhwh Elohim really means Lord of Gods...the one of many, right?" A Hebrew expert answers....