Some civilized countries actually consider higher education an investment in society as a whole. Their governments assure students have affordable choices whether they go to vocational schools or top colleges based on aptitude. They repay that government investment by building personal wealth from graduation onward, generating more taxes, and creating educated plumbers, doctors, entrepreneurs, etc. Here students get saddled with crushing debt at the beginning of their careers. Scrambling to work anywhere, delaying buying homes, and starting families, to keep paying off that endless black hole. All the while watching conservatives jeer “I’ve got mine, screw you!” Or scoffing at debt forgiveness when many conservative businesses were delighted to help themselves to forgiven Covid loans.
Man, those laws keep getting stricter . As it is, you can no longer purge a student loan debt as part of a personal bankruptcy.
That’s right. You’ve hit rock bottom, had to sell everything except a very cheap car, no job, maybe poor health. But hey, once you get back on your feet there is that debt escalator just waiting for you.
sevaar777 11 months ago
Some civilized countries actually consider higher education an investment in society as a whole. Their governments assure students have affordable choices whether they go to vocational schools or top colleges based on aptitude. They repay that government investment by building personal wealth from graduation onward, generating more taxes, and creating educated plumbers, doctors, entrepreneurs, etc. Here students get saddled with crushing debt at the beginning of their careers. Scrambling to work anywhere, delaying buying homes, and starting families, to keep paying off that endless black hole. All the while watching conservatives jeer “I’ve got mine, screw you!” Or scoffing at debt forgiveness when many conservative businesses were delighted to help themselves to forgiven Covid loans.
3hourtour Premium Member 11 months ago
…and for eating meat on Friday…
mistercatworks 11 months ago
Man, those laws keep getting stricter . As it is, you can no longer purge a student loan debt as part of a personal bankruptcy.
That’s right. You’ve hit rock bottom, had to sell everything except a very cheap car, no job, maybe poor health. But hey, once you get back on your feet there is that debt escalator just waiting for you.
kaffekup 11 months ago
One day, they’ll get a law passed that school loans will come out of your estate when you’re dead.
And if there’s no estate, your heirs will be required to repay them. For generations, if only one can’t do it.
Jaime Jean M 11 months ago
Today is All Saint’s Day, NOT Día de los Muertos. Lalo, no mames, güey. Less Coco and more Britannica please.
Rich Douglas 11 months ago
Feelin’ ya, bro. 64 with $47K.