In 1971 I graduated from college with $1600 in student loans. The interest rate on the loan was 3%. 50% of my loan was forgiven over 5 years because I taught. My first teacher’s contract was for $6,900. The economy was way different but my main point is my first contract was greater than my loan debt.. Now new teachers are accepting employment with much smaller salaries than their student loans. If we want an educated workforce we need make college affordable to the working class.
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