> The defaulted loans are not for STEM careers, that have little trouble paying back [..] Right, if you are going to take on tonnes of debt, it should probably

> The defaulted loans are not for STEM careers, that have little trouble paying back [..] Right, if you are going to take on tonnes of debt, it should probably before for a degree that has a reasonable chance of repaying the debt. > colleges offered useless degrees to people that do not need them except for vanity [..] Not useless, but it is difficult to get a profitable career in this subject areas. > This is one of the biggest scams in history. Not even remotely close, unfortunately. Tax is way worse. Your employer gets tax, you then get tax, anything your buy is taxed, if you don't spend it before you die you get taxed, if you try to leave it to somebody you get taxed, if you try to save money the government uses inflation to slowly tax it away from you. The next biggest scams are likely debt traps (checkout who owns the largest amount of debt of poorer nations right now and how they got there), followed by crypto (which is a glorified pyramid scheme - prove me wrong).