General Discussion
In reply to the discussion: Stanford just went tuition-free for family incomes under $125K and total assets under $300K, [View all]appalachiablue
(44,082 posts)debt nightmare, esp. Sen. Warren. She sponsored lower interest rate refinancing for students but it didn't pass. Says a lot about a nation that doesn't support investing in the young, rather exploiting them like the US self-centered, greed society does for 15+ years.
I remember when higher education was quite different, even for my parents and grandparents generations. No one left college with debt, perhaps only medical school but there was no complaining prior to the massive increases in tuition by the 90s. Now young people carry a major debt obligation when they enter the workforce, if they can find a job, at least a decent one. This prevents or delays purchasing a home, marrying and starting a family. What a mess.
Too bad few Americans know that Europe still works to invest in their future with the young, and I've noticed a steady PR campaign to marginalize EU labor systems and lifestyles as 'commie- socialist' for a couple decades.