'Take Back Our Party' Chapter 1: Their Democratic Party

[appalachiablue]

4. You need to put the article's full title & author's name at the start

Last edited Sun Dec 15, 2019, 10:09 PM - Edit history (2)

to clarify that this is not about you. It's confusing as it is.
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IOW when it came to higher education, college became a 'business' to obligate young people and others through exorbitant costs and student loan debt. in contrast to all other advanced nations which know to support an educated public in order benefit future generations, society and the economy.
Excerpt:
>' When it came to higher education, President Clinton helped launch the Federal Direct Student Loan Program, under which the government lends directly to students, instead of subsidizing and guaranteeing loans made by banks (thereby ensuring them risk-free profits). This was a small step in the right direction, but the focus on loan programs typified the New Democrats’ approach to education.

Instead of thinking of a college education as something that an advanced society should provide to its citizens, they saw it as an individual’s private investment in her human capital; the government’s role was simply to provide a nudge to make that investment easier to finance. At the same time, the Higher Education Amendments Act of 1998 made it more difficult to discharge student loans in bankruptcy. While this provision may have caused banks to lower interest rates on student loans (because they now faced less risk of not being paid back), it also had the effect of punishing those people who were unable to turn their college studies into higher-paying jobs.'