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Of course the answer is that 18 year olds shouldn't be strapping themselves up with debt. And it should be dischargable. But of course, we are living in a cou
by salesguy222 9y ago
Of course the answer is that 18 year olds shouldn't be strapping themselves up with debt.
And it should be dischargable.
But of course, we are living in a country that is controled by fabulously wealthy and powerful individuals and their businesses.
The education lobby, like any other lobby, successfully petitioned the government to make student loans a contract in blood.
It is deeply irrational, unfair, and leads to inflation and rampant misallocation of resources.
But the education cartel and its alligned politicians don't give one fuck about that. In fact, this was the intended outcome.
They count the money and if it ever breaks, hey, they're rich!