1/4 The whole American student debt scam was invented as a way to reduce public support for higher education and shift the cost burden of a public good (an educated populace) from the Commons to the individual. It has been a disaster that has stifled economic growth
#StudentDebt
#StudentDebt
2/4 by creating an entire generation if debt slaves.
Further, access to vitually unlimited Federally supported student debt money has skewed college business models and encouraged higher ed institutions to make bad long term budgeting and pedagogical decisions.
Further, access to vitually unlimited Federally supported student debt money has skewed college business models and encouraged higher ed institutions to make bad long term budgeting and pedagogical decisions.
3/4 The need for students to be able to earn money to pay back loans has converted higher education priorities from a search for and transmission of knowledge and truth by means of honed critical thinking skills into a job training operation. Many education institutions,
4/4 especially in urban areas, have become real estate syndicates that happen to have an education sideline.
It’s time for a higher education paradigm reshift. Eliminating the burden of student debt would be a good first step.
It’s time for a higher education paradigm reshift. Eliminating the burden of student debt would be a good first step.
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