In the U.S. You Have To Be a One Percenter To Afford College: Not In the Rest of the World

Is the sky falling Chicken Little? Or are those screams of pain emanating from 44 million throats the price of trying to get ahead in the exceptional nation? Where higher education is big business and big business is the domain of U.S. movers and shakers, things quickly go from bad to loathsome. It’s not like that anywhere else in the world, even among economically challenged nations. While most of the rest of the world’s young people are debt-free and college-educated (in over 2 dozen countries, a college education is free, considered a rite of passage), in the exceptional nation, over four million indebted U.S. students are defaulting on their loans and saying good-bye to the prospects of a future of unlimited possibility. If any further proof is needed of how an exceptional nation operates, consider the latest outrage courtesy of the Department of Education. Secretary Betsy DeVos, one of Trump’s favorite billionaires, has hatched a plan to redirect federal funds out of a program intended for student support and academic enrichment toward a major investment in guns and ammo meant to arm teachers and school administrators. (What could possibly go wrong with that maneuver?) if that doesn’t depress you, focus on her drive to deep-six Obama-era rules designed to forgive the debt of students who graduate with enormous debt and non-existent earnings. With an Office of Education staffed by flunkies from for-profit diploma mills and charter school wheeler-dealers, how bad can it get? Read “In the U.S. You Have To Be a One-Percenter To Afford College: Not In the Rest of the World” and find out how the masters of the universe are sucking you and your children dry.

357 total views, 1 views today

Read More