I wish more people were able to make the important link here.... this bubble was created by government, greatly inflated the price of college degrees (and academics salaries), and has created another debt crisis my children and grandchildren will have to pay.
Government is the problem. Once again, they will hold themselves out as the solution. The idea that everyone needs a degree is absurd.... if this was true, we would not have so many with 6 figure school debt working jobs that will never pay that debt.
debt crisis my children and grandchildren will have to pay.
Preplanned with the intent to create more dependent on govt voters.
The leftists are infested at the trough of academia and have successfully plundered the younger generation's wealth by compelling them to take out loans which these youths repay over the course of their lives. Of course the loans taken out by these youth go immediately into the pockets of the leftists at these universities. That is the obscene inter-generational transfer of wealth that is immoral, especially in view of the fact that many of these kids will be no better off with a degree and with potentially life-long debt.
It is an immoral scam.