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joshcryer

(62,536 posts)

12. The problem is that the system is set up to make the rich richer and poor poorer.

Reply to OneTenthofOnePercent (Reply #8)

Tue Apr 24, 2012, 04:30 AM

Apr 2012

If you don't get into an Ivy League school good luck making it far up the ladder. OK go to college, fine and dandy, but hit your caps before the 4 years are up because the subsidies aren't there, and pow, you just graduated with a diploma that is almost worthless.

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On April 25th the total amount of student loan debt in the U.S. is due to top 1 trillion dollars [View all] Fire Walk With Me Apr 2012 OP

Sorry, responsible Democrats don't really care about stuff like this MannyGoldstein Apr 2012 #1

President Obama's fighting to prevent student loan interest rates from doubling joshcryer Apr 2012 #2

How about fighting for inexpensive college education MannyGoldstein Apr 2012 #6

As senator, Obama missed votes on student loan bill he now wants to extend joshcryer Apr 2012 #11

That's outrageous. All student debt should be forgiven. sabrina 1 Apr 2012 #3

No thank you. I borrowed the money from the tax payers. I'd prefer to pay it back. phleshdef Apr 2012 #7

The student loan bubble is going to make the housing bubble look like nothing. joshcryer Apr 2012 #4

+1000. white_wolf Apr 2012 #5

Why is it so expensive? dkf Apr 2012 #9

The privitization of schooling, institutionalized education is a business. joshcryer Apr 2012 #10

When you offer large loans to young people with little income or assets... OneTenthofOnePercent Apr 2012 #8

The problem is that the system is set up to make the rich richer and poor poorer. joshcryer Apr 2012 #12

by design. rentier economy. keep the income streams flowing to the rentiers until they've HiPointDem Apr 2012 #13

I can't even get scared or stressed out about my loans... a la izquierda Apr 2012 #14