Make student loan rates fair, and the cost of education fair, and I bet people would be willing and able to pay off their loans like so many of us did back in the day. I feel bad for people that have been taken advantage by this system.
Absolutely. The problem started when they made student loans unable to be discharged through bankruptcy. This allowed colleges to charge whatever they wanted, because loans would rise to match, and the borrowers were locked in with no way to walk away. And look where we are now.
You used to be able to pay for college with a summer job cutting lawns - not anymore!
The only way to win in this environment is to be frugal AF - don’t jump straight into a four-year university, get your two-year out of the way at a community college, then transfer over for your major. Live at home until you graduate. Get your degree in business, which is applicable anywhere. Don’t take any loans, but do well in high school and apply for grants instead.
The wrong answer is to take out hundreds of thousands in loans with no intention of repayment, vote-blue-no-matter-who because they’ve promised you the moon and the stars, and dismiss anybody telling you “uh, that’s not the best idea” as an alt-right nazi bigot.
What’s going to happen now is that fewer people will bother with college, the populace will dumb down, and the institutions will slowly die. As the far-right intends. Dumb, churchgoing simpletons who believe the vile rhetoric and will lay their lives down for it. The American Dream.
