If student loans were treated as normal loans (e.g. not guaranteed and absolvable via bankruptcy) we’d have boomer prices. The purpose of the student loan scam is to create debt slaves that propagate the bureaucratic managerial class.
You can say thanks to the authors of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. Amongst them being Senator Joe Biden. A bill that he defended back in 2020 during his campaign claiming that he “improved it”.
Both Republicans and Democrats want to have slaves, Dems just provide a longer leash.
Access to higher education wasn’t an issue before all these laws were put into place. People didn’t “need” a college degree like they do now. The whole policy from it’s inception was not necessary. Now college is basically a ticket to the bureaucratic white collar world that produces nothing. (e.g. bullshit jobs)
If student loans were treated as normal loans (e.g. not guaranteed and absolvable via bankruptcy) we’d have boomer prices. The purpose of the student loan scam is to create debt slaves that propagate the bureaucratic managerial class.
You can say thanks to the authors of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. Amongst them being Senator Joe Biden. A bill that he defended back in 2020 during his campaign claiming that he “improved it”.
Both Republicans and Democrats want to have slaves, Dems just provide a longer leash.
Welcome to the corporatocracy. Education is just another category of the service industries
Access to higher education wasn’t an issue before all these laws were put into place. People didn’t “need” a college degree like they do now. The whole policy from it’s inception was not necessary. Now college is basically a ticket to the bureaucratic white collar world that produces nothing. (e.g. bullshit jobs)