Student Loans…Look At This Insane Graph Of Parabolic Student Loan Debt – Much Of Which Is ‘A University Or College Sales Pitch That’s Not Much Different Then A Car Salesman’
Posted By thestatedtruth.com on September 26, 2013
“Soaring higher education costs are further widening the achievement gap as non-wealthy students are forced to become debt-serfs to pay for college”. This is a system that forces poor and middle income households to shoulder student loans for decades in return for marginal-return degrees. It is wrong and recklessly predatory. Yet this is the system that higher education supports. In fact the financial model for many universities now have new profit incentives built into the revenue model (for the university of course). Part of that model requires students stay on campus in student dorms for their first two years at a substantial cost.
Wise Dog
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