Schumer : President Biden should cancel student debt today

[dutch777]

6. Ok but at what point do we start counseling students on good vs. bad educational investments?

Letting colleges and other post secondary education schools take advantage of students (and now the taxpayers really) by providing degrees that are not rewarded in the job market and way too costly, requiring for many loans that will punish for a decade or more seems completely irresponsible. I get the idea of a "good liberal education" benefiting society with a better educated citizenry and God know we need more of that, but at what cost? We have a niece who studied zoology and short of getting a PhD, her options are a very poor paying job in a zoo at best. Right now she is just hopping from one unpaid zoo internship to the next hoping to find an opening somewhere. Luckily her parents had the wherewithal to pay as she went and she didn't go to a $40k a year school but they are heading to retirement and may still have to carry her financially.

Counseling in high school really needs to step up and offer not only the "how to get into college" or other school but be clear if there is a career path beyond that and what is the cost of getting there and the liklihood that you will even be able to get a job in the field. I know our local public schools push kids to go to college and ignore the tech and trade schools just so they can say they have 72% or whatever of the graduating class accepted to college because that is a metric of "academic success" for the school district. But no one tracks if the graduates complete their degree, get a job in their field of study or anything meaningful long term for society or the student. The current system is not good for our kids or the society.