Just getting us sheeple ready for another fleecing is all. (Let’s at least make sure we don’t get ripped off to repay any student loans, especially for any more “community organizing” majors!!)
Well, at least when these students get their degrees, they are able to land some very impressive jobs, at places like Walmart and McDonalds. Heck, after landing 2 or 3 jobs, they start to make some serious money.
Of course they’re delinquent. Integrity, work ethic and personal responsibility just isn’t cool anymore. The next generations can pay for their needs.
Now, if they could only get jobs to pay it all back.......
I will be criticized for being mean but....maybe the students should concentrate on piling up overwhelming debt in order to learn SOMETHING IN DEMAND, rather than earning a useless piece of paper. What program ending in “studies” has any kind of economic future? What “in demand” field in the latest glamor target, yet will be filled by the time the degree is learned.
If so many young grads are working at “non degree” employment, why were they told to beggar themselves earning a useless degree.
What happened to learning a “marketable skill”, a skill that is actually critical to keep this world actually running.
Has the “requirement” of a 4 year college degree with its resultant unbearable debt become the MADDOF scam of our day?
It looks like it.
The borrower is the slave of the lender
Nobody has to take out tens of thousands in loans. Live at home. Work part time. Go to community college, then transfer to a state school. Why does everyone think they need to go to a high cost school and party it up like they’re millionaires for 4-5 years, only to sober up to crushing debt six months after graduation.