Indentured Servitude is the polite term. The accurate nomenclature is SLAVERY!
Yeah, and the "servant" actually got something out of it- paid passage to America, room and board, plus terms were limited to seven years, after which they were free.
What we have is endless debt, with endless terms, not just for ourselves but our children and their children; and no room or board except that which we provide for ourselves with what is left over AFTER our lord and masters take their share.
It's a lot more like slavery in my eyes.