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Wednesday, November 27, 2024
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Mike Rowe Critical of Student Loan Forgiveness

Television host Mike Rowe criticized student loan forgiveness in a social media post, encouraging people to think twice before they commit to spending thousands of dollars on a traditional degree.

“This is why I’ve spent the last twelve years discouraging people from slipping into shock at the outset of their careers,” Rowe said. “I don’t want to see more people borrow money they can’t afford to pay back.”

Rowe shared a National Review article which outlined President-elect Joe Biden’s desire for a $10,000 college-loan giveaway. The article documented how expensive loan forgiveness can be for taxpayers.

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“Many it seems, suspect that I’ll be supportive of these efforts since I’ve written at length about the outrageous rise of college tuition and the scandalous ways in which hundreds of thousands of students have been conned into borrowing ridiculous sums of money to purchase degrees that never lead to an actual job,” Rowe wrote.

Instead of taking on debt for a four-year degree, Rowe encouraged people to explore all of their options including learning tangible skills and trades.

“Tuition will never come back to Earth if we bail out those who borrowed more than they could repay,” said Rowe.

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