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Nursing degree loses 'professional' status due to Trump's 'big, beautiful bill'
MSNBC· 2025-11-25 21:48
Regulatory Changes & Funding Cuts - The Trump administration's bill removes nursing from the list of professional degrees, capping student loan borrowing options [1] - This reclassification limits access to funding for nurses, potentially hindering socioeconomic advancement, especially for women and minorities [3] - Federal funding for nursing education, exceeding $300 million, was stripped from the budget (Title 8 funding removal) [9] Impact on Nursing Profession - The change could shrink an already strained nursing workforce, potentially putting patients at risk [1][2] - Advanced practice nurses may be unable to borrow enough for school due to loan caps of $100,000 total and $20,500 per year [6][7] - Over 80,000 qualified applicants were turned away from nursing programs last year, mainly due to a lack of nurse faculty [12] Financial Implications & Loan Repayment - Advanced practice nursing programs can exceed $100,000 in cost [7] - Private loans, which nurses may turn to, are excluded from federal payback systems like public service loan forgiveness [7][8] - Cuts to Medicaid and subsidies are leading healthcare providers to cut tuition reimbursement for nurses [9] Workforce Conditions & Challenges - Nurses are more likely to be assaulted at work than prison guards or correctional officers [11] - Healthcare professionals, including nurses, report burnout and staff shortages post-COVID [10]
X @Nick Szabo
Nick Szabo· 2025-11-17 04:32
Student Loan Crisis & Affordability - Individuals earning $100K/year cannot secure a $1 million mortgage, highlighting the disparity with student loan amounts [1] - Auto loans of $75K are unattainable for those earning $35K/year, further emphasizing the student loan issue [1] - The availability of $250K in student loans for degrees leading to $40K/year salaries is deemed unacceptable [1] Systemic Issues & Accountability - The current system allows 18-year-olds to make financial decisions leading to potential lifetime economic insecurity [1] - The university system is criticized for convincing students that college is always the "smart thing to do" [2] - Colleges should bear financial responsibility when saddling students with unpayable debt [2] - Federal government backing of student loans enables colleges to inflate prices without accountability [3]
X @Ansem
Ansem 🧸💸· 2025-11-15 20:40
Student Loan Issues - Student loan terms are often misunderstood, similar to unfamiliar tools like a leaf rake [1] - Unlike figuring out simple tasks, understanding predatory student loan terms rarely leads to celebratory moments [2] - Individuals often struggle with student loan repayment despite consistent payments, highlighting a lack of financial literacy [1] Predatory Lending Concerns - The predatory nature of some student loan terms is a significant issue [2] - There is a lack of education and understanding regarding student loan terms [1]
X @Ansem
Ansem 🧸💸· 2025-11-12 02:41
RT Dan (@robustus)Gov backed student loans for everyone (ie, to study anything) might be the root of many problems:- allows kids to major in unproductive things- colleges can charge way too much- they hire lots of woke ppl- young ppl end up saddled with debt & indoctrinated politically- too many white collar workers, too few blue collar- tradesmen in short supply, construction costs rise, housing costs rise- kids come out woke, in debt, unemployable, & unable to find housing--> these kids (understandably) t ...
X @Mike Benz
Mike Benz· 2025-11-10 22:38
Government Funding & Higher Education - Universities receive billions of dollars in government grants, essentially free money [1] - Government profits from student loans, contributing to tuition increases [1] Financial Implications - The current system is described as a "racket" implying financial exploitation [1]