The "higher education" system as it exists now is just pure exploitation, and decimating the middle class.
Allow current student loan holders to enter bankruptcy like normal human beings, and have all future financing be a small set cut of future earnings.
Focus much more energy on apprenticing programs like in Germany, where kids actually get real job experience instead of sitting in a classroom with 150 other kids while some 28 year old associate professor walks through a powerpoint presentation.
I mean, the basic problem is that corporate America doesn't really need as much labor input anymore. But we have an entire generation of young Americans who pay more on the "education" loans than their rents. That's a complete injustice.
There's a reason bankruptcy doesn't discharge government student loans: congress amended the bankruptcy laws in 1978. Why? Reports of abuse from doctors, lawyers, and other high earners that racked up massive debts and declared bankruptcy immediately after graduation.
People with $100,000+ in student loans are the 3%.
The "higher education" system as it exists now is just pure exploitation, and decimating the middle class.
Allow current student loan holders to enter bankruptcy like normal human beings, and have all future financing be a small set cut of future earnings.
Focus much more energy on apprenticing programs like in Germany, where kids actually get real job experience instead of sitting in a classroom with 150 other kids while some 28 year old associate professor walks through a powerpoint presentation.
I mean, the basic problem is that corporate America doesn't really need as much labor input anymore. But we have an entire generation of young Americans who pay more on the "education" loans than their rents. That's a complete injustice.