[Gustoo]

They want to make it easy for people to enroll in further indoctrination programs. So they made student loans.

Because schools benefit from more enrollment, they like degrees that are easy to pass and since these degrees have minimum value, these loans are hard to pay back.

The purpose of student loans and going to school is really more vocational than anything, but people end up getting liberal arts degrees that don't really help them get jobs or succeed in society other than the level of indoctrination they have received.

Most of the institutions are far from their original stated intension. We can talk about the housing market. The home loan was to make it so average Joe can get a home. Now it is used as a business loan to multiple home owners to increase their land holdings and their apartment rental business. It was designed only to be a loan to help more people NOT be renters. By changing the nature of this loan and the applicants that the banks can choose from, their intended target market (people who need homes) is a non attractive client compared to the multiple home owner, who qualifies readily.

So it is quite a mess since these non home owners do not achieve the same level of investment in their community being funneled into serfdom, and then their kids may end up in a liberal arts school and also never get any traction towards making money or whatever, so the entire lot becomes disenfranchised and unhappy. Then they look for things and people to blame for their misfortune and find that indeed the system is pretty fucked up.

At the same time we are talking about improving a system that has proven to be one of the best systems on the planet for upward mobility. I had dinner with a gentlemen last week who grew up in agricultural work camps and now owns multiple agricultural cooling locations on both sides of the border. He described to me how he and his father made their way and how currently the pay in Mexico is around 30k a year for a masters degree level individual and in USA around 100k+ which is accurate.

So it depends on how you want to look at it. There are things that need improvement and a lot of people are taking advantage of the systems in place for personal gain and to the detriment of society, but at the same time, there are a lot of opportunities still on the table for someone who can muster the will to not spend all their time on facebook or project 1999 forums.

Student loan forgiveness? Since they are creating trilions of dollars with the stroke of a pen it makes sense to also create the money to forgive these loans and reduce the debt burden on their people. Bail out the companies, bail out the citizens. If the economy and all of civilization can handle one thing maybe it can handle the other too. What will be the straw that breaks the donkeys back? Hopefully nothing too soon, I have two young kids that I would like to see achieve adulthood before we fall apart.