While millions of Americans are drowning in student loans – 101 people have the ultimate albatross around their necks; student loan balances exceeding $1 million. This is totally unconscionable – surely universities and the federal agency with oversight over student loans should be monitoring students’ total indebtedness?
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Getting a loan to earn a diploma for a career that no longer exists is setting society up for herding people into a corporation debtors’ prison for the twenty-first century. Where is Charles Dickens?
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Dickens would have a field day, marlenecltr.
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That is the most profound, honest and real statement I have heard in a long time, marblelenecltr. I totally agree with you. You said it so perfectly and suucintly. Go in massive, debt to get degrees for jobs or carrers, that do not exist any more. Then go to debtors prison, which is exactly what is happening as far as ai can see.
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How does one sleep at night with such an astronomical debt?
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Rosaliene, when you do the math it can’t be repaid unless you steal the money.
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