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Yeah, I know all that already. Those reasons and circumstances do not make it acceptable for young people to be permitted to sign away decades of their life to
by rabboRubble 8y ago
Yeah, I know all that already. Those reasons and circumstances do not make it acceptable for young people to be permitted to sign away decades of their life to a debt servitude.
This system is putting a huge strain on the economy and national birth rate. Debt burdened people in their 20s and 30s can not buy homes, which in turn screws the real estate market, which in turn screws the home related cyclical industries. Young people are delaying having children because they can not afford them, which in turn impacts all child goods industries, and long term will affect the viability of our SSI / Medi* programs. This low birth rate is why we depend so much on immigrants to keep a stable population.
The way the entire system works is pennywise and pound foolish.