Federal student loan awards should be based on a national benefit to society. The U.S. Bureau of Labor Statistics compiles its Occupational Outlook Handbook to describe current and future labor statistics, including areas of critical shortages. Student loan awards should be ranked and prioritized according to national labor needs.
I agree we need to tie Student Loan Award Amounts to the Estimated Value of Student’s Future Income Based on Major. This proposal would require that the amount awarded to students would not be just based on financial need, but would also be determined by the return on investment (ROI) of their major.
1 Like