One possibility: @SenSanders and the free college crowd. They're constantly asserting you *must* have a college education to succeed (and therefore tax payer should subside it).
Dept of Education: "Only 24% of FSA borrowers are currently paying down both principal & interest." This is Debt Bondage Lite & it's now closer to the rule than the exception in U.S. higher ed. We're still grooming kids to take these loans w/o thinking twice. Who's accountable?https://twitter.com/Austen/status/1071790246939942912 …
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Start with the person taking out the loans, then society for thumbing their nose at trades and community colleges, demand for administrative state on campus,customer based model of edu. Bankruptcy laws... we could do this all day and people will still taking out loans...
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The system in the UK is much better! A student loan is low-interest, evaporates after 30 years irrespective of whether it's been paid in full, and repayments are capped at 9% of earnings above 21k per annum. It's like every UK university is secretly
@AustenAllred's Lambda School! -
Except that it’s estimated 50% of UK citizens will not get out from under them until the 30 years elapses, yes
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