I don't think engineers are all about making things into money. I think they're more interested in doing things efficiently. Think about a barber shop: would an engineer repeat the same task every day, or would they automate it? I think most would try to automate it. The tradeoff would be efficiency for personality, and I think some people value it enough to keep it, while others wouldn't. That's probably a separate debate: would life be happier if everyone were an engineer?
I'm also not saying everyone should be an engineer on this thread. I'm saying it's an interesting thought to change the way lending the money out works. What I'm getting at is this: is the non-absolvable nature of student debt a conflict of interest with the creditors, and are they giving it out indiscriminately?
No, but companies are all about making things into money. That's why they choose a number of subjects (and degrees) that they deem useful and disregard everything else.
What people fail to understand is that a degree in the humanities also provides qualifications other than "let me tell you about the depiction of French rats in late medieval English clay paintings." However, these skills are not seen as being easily converted into revenue and thus ignored.
Such skills include independent problem solving, a high degree of organisation, formulation and proof of theories, descriptive and abstract work etc.
However, if you have an engineer who builds you parts for a car or a website or a backend or what not, you can immidiately slap a price tag on it and give more money to your shareholders.
I'm also not saying everyone should be an engineer on this thread. I'm saying it's an interesting thought to change the way lending the money out works. What I'm getting at is this: is the non-absolvable nature of student debt a conflict of interest with the creditors, and are they giving it out indiscriminately?