With all the pol discussions of student debt forgiveness, I have been trying to "educate myself" on the topic, and in particular one aspect of this discussion:
Can anyone on the board point me to a link that quantifies student debt by degree/degree type (e.g. STEM, business, law, medical, social sciences etc.)? I've tried to "google" the info, but to no avail. I have to believe SOME govt/other entity has collected this data. But where or where is it?
I'll confess to a bias here: I suspect there the inability of a graduate to service/repay their student debt is materially determined by the marketability of the degree program they pursued. As a group, I suspect holders of engineering, technical, and business degrees while entering the work force with very large student debts, have a much lower loan delinquency rates than others who may have made a very poor "life choice" in choosing non-marketable degrees, say in the social sciences.
But hey, I like to think I have an open mind about things. I'd like to see any data which would either confirm or refute this hypothesis.
Anybody have a link?