One would hardly call the Readers Digest a radical journal, therefore it was surprising to see an attack on a social evil in their last edition. Though student debt is a well-known problem, many may not know the extent of it. "There are roughly 44 million in debt to their educations. Their average bill is $32,731.''
Some years back the government gave private companies a, ''piece of the action,'' and now banks and private investors are making a killing on student loans, which grow by some 80 billion a year.
All this makes for a docile working class; a worker up to his/her eyes in debt isn't likely to make waves. So either way the capitalist class win.
For socialism,
Steve, Mehmet, John & contributing members of the SPC.
No comments:
Post a Comment