There's also the fact that students fully know they're getting screwed but you don't have a choice in this country
fluffykittycat
The economy is a house of cards stacked on top of another house of cards that somehow even less stable. Eventually something big enough is going to come and blow it all down and it's going to be the end of the system as we know it, if things start rolling downhill too fast nothing will be able to stop it
The problem is they're always has been. But that might not be true in 6 months time so stay alert
If this happens to too many people the economy will suffer. Eventually they'll have to start ignoring credit scores. We're rapidly reaching a point where the system can no longer compensate for the incompetencies and inequality and stuff will start breaking mechanically in ways that can't be easily fixed or routed around
I've been neglecting my payments for a long time since I literally just can't afford it. I've been meaning to get around to doing an income-based plan or whatever but the more I see the less it seems worth my time to bother since not only will nothing happen good but they might not even be governed employees too make the bad things happen either. I've basically given up on having anything in my name financially but if the United States federal government disappears then I'm home free to start fresh and whatever new system comes after, hopefully we choose something good like anarchist communism
Although the governor is doing everything in his power to make sure that is not the case.
Indeed it's become an Open Secret that the only hard part about Ivy lease is getting in and that they give gentleman's c's to everyone .
The problem is that employers are allowed to demand a college degree without having to shoulder any of the costs associated, so they are the real consumers of the degrees and the students are just the middle men who bear the cost. They get entitled especially during the sessions too demand degrees for jobs that don't require them really and then that shifts education priorities for the whole country. If we regulated educational and certification requirements for jobs we can make this problem go away
Don't let people turn systemic problems into individual failings.
The minimum wage should be multiplied for every additional level of Education you need. Like say if you need an Associates it's 1.5 for a bachelor's degree it's 2.5 for a graduate degree it's 3 times the base value which would apply to high school or less work only.
PPP loan forgiveness already happened, so why should they be the only ones?