The worst part about the student loan debt is not just that it exists, but WHY it exists. Its very existence is the product of a predatory system that turned the eagerness of young people to get an education, to better their lives, into a profit center for lenders/banks/govt. Public policy should set our young people up to win, not cut them off at their knees.newsweek.com/dying-student-d…

Dec 15, 2023 · 5:14 AM UTC

77
167
12
763
Replying to @marwilliamson
Simply stop guaranteeing the loans with the taxpayer and most of this cleans itself up.
2
1
6
Replying to @marwilliamson
Yes! Also, how many of these debtors were raped, sexually assaulted, damaged permanently from campuses protecting sex offenders? You think any of them are going to pay a penny back to the protectors of their abusers?!!!
Replying to @marwilliamson
Bye bye grifter. Thanks for proving me right that you’re a Pro war, Pro Genocide hack. That was a condescending interview you did.
1
Replying to @marwilliamson
You get a degree or two. Spend the rest of your adult life paying for it. Then anything you've earned is most likely not enough to pay for senior care when you retire. If you allow the government to take everything you *might* have been able to acquire, maybe, just maybe, you can get accepted into a nursery home you have to share a room with a stranger. We're the best and most evolve and biggest "empire", aka war machine, to ever exist...right? Get born, work till you can no longer move independently, then pray you'll be able to retain any dignity in your last years. Sounds fantastic.
1
1
3
Replying to @marwilliamson
Student debt ought to be based on simple interest payments. It is currently based on compound interest payments. Simple interest is what the Bank pays on your deposits, compound interest is what you typically pay Banks & others on their loans to you.
3
1
3
Replying to @marwilliamson
Actually the Universities rip off their students
4
19
Replying to @marwilliamson
Infantilizing the world for your own aching need for significance. Voluntary exchanges are entered by individuals.
1
1
Replying to @marwilliamson
Colleges, college professors, administrators rip off the students (and their parents). There would not be need for as many loans if colleges did not rip-off / overcharge the students.
Replying to @marwilliamson
Not to mention the ludicrous requirements for graduation. Another example of “robbing the hood.” (Borrowed from the AMC/GME community and Robinhood’s famous buy button deletion.) This entire experiment “American Democracy” was plundered by the Corporation “United States of America.” The most notorious example of Corporate debauchery to ever exist. What will you promise to do about that situation? There is the crux of the problem. Fix that and we will remedy many issues within the American States. IMO 🤷‍♀️
3
Replying to @marwilliamson
Universities should be financially vested in the success of their graduates. They need to stop being indoctrination farms and handing out pointless degrees. If they can’t produce marketable graduates then they should reimburse those loans from their bloated endowment funds.
2
7