But WHATEVER the biggest stupid decision, the focus was (and deserves to be) on the nature of debt-traps. Paying $18k on a $24k loan and the outstanding princip

But WHATEVER the biggest stupid decision, the focus was (and deserves to be) on the nature of debt-traps. Paying $18k on a $24k loan and the outstanding principle is still $24k… I don't care if the stupid decision was to borrow the money just to gamble it in a casino (or to fund a naive tech startup!) or whatever… even then, it's misguided to look at an article with that focus and say "casinos are the bigger criminals". No, debt runs our system and is the core driver of power and inequity. Debt is what enables the private-colleges and casinos etc. and that's what the article was about for good reason. Incidentally, she did NOT attend a for-profit college!! She attended a private college, i.e. a non-profit that happened not to be run by the state and get state funding. I mean, there's issues there too, but for-profit colleges are a whole other deal.