College Debt and the Broken Promise

Why would anyone ever, ever take on that much college debt? “People do this because for fucking decades everybody middle class has been told that you have to go to university, you have to go to law school or study medicine to get a good job and make a decent living, been told that you shouldn’t worry about debt because it’s an investment and as long as you do a proper, serious study, you’ll be rich someday. Most of that has been said by the same people now tuttutting that all these students are dumb dumbs for going into debt so much for a degree everybody knows is worthless. It is of course all the fault of these feckless students, not that of greedy universities jacking up tuiton fees, a government uninterested in paying for the education they insist people need and a whole industry build up around feeding them to the loan sharks.”

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Image fromĀ http://blogs.aspect.com/2013/08/29/can-collections-and-higher-learning-keep-pace-with-student-loan-debt/