It has become “federally insured student slavery.”
College graduates have worthless degrees that do not lead to decent-paying jobs. They are stuck with enormous debt and no way to repay it.
It would have been better for everyone if federally-insured student loans had NEVER been granted.
College graduates have worthless degrees that do not lead to decent-paying jobs
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Blame greedy companies, both large and small.
Two students at the University of Iowa, identical grades. One a white student from Davenport and the other a foreigner from Mumbai or Shenzhen
Companies get a 15% tax break to hire the foreigner
International students have scholarships not available to Americans
Most schools have whole departments to place foreigners in American jobs after graduation. No such support exists for Americans
Guess which one will be the Starbucks barista and guess which one will be working for Apple or Google upon graduation?
Guess which one will graduate with a shit-ton of student loans and which one will graduate loan-free?