Carry on, oh useful idiot. I shouldn't really try to explain how the system works, since it might tip off others as to how to profit from the current situation. But I am confident that they are as clueless as you, so I'll give you a very small piece of advice:
The 1% put this system into play - it's called debt slavery. They directed their bought & paid for politicos to craft the legislation we have today. Specifically, laws that enabled private actors to leverage deposits that were covered by public guarantees.
Student debt is merely one facet of the entire program. But don't take any time to understand the issues - it's far, far too convenient to mouth mindless slogans and other typical responses that ensure that the status quo will never be challenged.
And that's a good thing - at least for me. For you and other dupes, your struggles are only just beginning. Maybe some day you'll wake up and realize how all levels of government essentially committed treason and violated the public trust in service of their masters.
Trying to figure out how we got here — how everyone’s, not just government’s, economic and moral thinking was so utterly corrupted in the last twenty-five years — hardly makes me a “useful idiot” or a “dupe.” Unless we can figure out how and why it happened, we can’t right the ship.
And speaking of semantics, you didn’t offer “advice” in that paragraph. You simply stated circumstances we all know to be true. So what’s your advice, really?
Can't say as I care - I'm prepared for the coming collapse.
I hope your portfolio includes stockpiles of precious metals and nonperishables.