Guaranteed student loans also ruin the labor force percentage. Kids at my school major in non sense such as fashion merchandising, philosophy, literature, ect. Such individuals ought to be attending trade schools; learning skills – rather than graduation with a mortgage.
This is another great piece from back in the day that provides an in depth look at how we got here
Ripping Off Young America: The College-Loan Scandal
WHO GOT RICH OFF THE STUDENT DEBT CRISIS
h/t @OccupyWisdom
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