Friday, September 24, 2010

Another bubble bursting

-- When Angela Moore looks into her future, she sees checks for $500, $147, $280 and $250 piling up like leaves in a forest. Those are the amounts she could be paying every single month on her four student loans, which total $92,000, for the next several decades. If she postpones payments, the amounts she owes will go up. If she skips them, she could ruin her credit and end up in court.--
Full text
Comment: In earlier times government has mainly cheated the kids into war, nowadys it is debt and useless "education". The profiteers of the scam called "college education" are mainly the very same academics who most loudly love to denounce "exploitation" by the "capitalist system".

No comments:

Post a Comment