“Going to an elite college means nothing anymore.”
True. I have a friend who went to UC Berkeley while I went to a culinary academy. Four years later she’s piling up debt and is worried about finding work after she graduates this year. Me? I work sporadically, am married, have four kids, and have no debt. My girlfriend can’t even imagine being where I am for at least 15-20 years.
In short, elite colleges are a scam and the reason the banks make student loans is because it’s illegal for them to buy slaves.
Actually the FedGov has taken student loans away from the banks and now issues them directly (instead of just backing bank-made loans). So now instead of being slaves to a bank, our young people are made indentured servants to the FedGov.
Isn’t Change wonderful!?