Now that Elon Musk and Vivek Ramaswamy’s Department of Government Efficiency, better known as DOGE, is in full swing, the digital Sherlock Holmes and Hercule Poirot of X can find a treasure trove of waste. Liberty Nation News has already provided examples of bureaucrats throwing taxpayer dollars out the window. But there might be another avenue to explore: higher education.
Will DOGE Eye Higher Education?
In August 2022, President Joe Biden and his administration unveiled a new income-driven repayment plan. The program’s official title was “Saving on a Valuable Education (SAVE).” The purpose was to help students and graduates lower their loan payments by selecting the most affordable vehicle best suited to their circumstances. The initiative has crashed into legal roadblocks, and borrowers enrolled in SAVE were placed into administrative forbearance this past summer.
If the White House’s initiative remains intact, which may seem doubtful under the Republican trifecta, the government could continue to subsidize worthless degrees and tax the productive ones.
In 2022, the Brookings Institution crunched the numbers of income-driven repayment program subsidies, which are dependent on the field of study. It revealed that the government prioritizes the fine arts over engineering, which might explain why America’s education standards and results have deteriorated this century. According to the report, the most subsidized degrees have been cosmetology, drama, liberal arts, music, health and medical administration, and biology. The least subsidized degrees have been engineering (mechanical, civil, electrical, and chemical), nursing, finance, economics, and mathematics. […]
— Read More: www.libertynation.com
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