3 ms·
I don't see it that way. The 80s "greed is good" mentality laid the groundwork for the fleecing, but that was not Reagan's fault other than perhaps that adminis
by fivestar 9y ago
I don't see it that way. The 80s "greed is good" mentality laid the groundwork for the fleecing, but that was not Reagan's fault other than perhaps that administration was the time when financialization of everything began. Think "junk bonds" then think "loans that can't be discharged in bankruptcy."
- eli_gottlieb 9y agoReagan was the one who re-introduced tuition (at all) to the University of California system in the first place.