Who said anything about a deserved dream home? Even a modest home they would not qualify under your program. BTW, most of their debt is not Sallie Mae but rather much higher rate debt.
Who said anything about newly minted physicians? The debt they are servicing takes a good 10 years to repay if not longer and can be pretty high rates. Under your model, most would be 10 years into their careers before they could qualify to buy a home.
The reality is all your taxpaying minions are barely paying any taxes while these guys are writing checks to Uncle Sam in excess of $100,000 every year. Their practices create dozens of jobs for your minions adding more to the economy and generating additional tax revenue. Why should you care? Because the dedication they have put into their educations and careers will ultimately save the lives of you and your minions.
They dont refuse to retire the debt, it is just so MASSIVE that it takes years to do so. The debt is bigger than most peoples mortgages and these guys knock it out in 10 years or less rather than the 30 years for a mortgage. I’m not saying they shouldnt be fully underwritten but rather they should have the leeway not to put 20% down as you would require in every case. They are good credit risks, certainly much better than a worker be who is one or two missed payments away from poverty.
I dont expect someone like you to understand or like this but I’m sorry to tell you they are different than you and your worker bees. Perhaps you are correct, they should all just become alignment techs at Sears as you have often proposed. That would make the world a better place.
