The Absurdity of Student Loan Debt
medium.com
The Absurdity of Student Loan Debt
1–10 of 83 posts
Re: The Absurdity of Student Loan Debt
#2This sounds like a story of someone growing personally to be a contributing member of society.
Perhaps we shouldn’t be beating these people over the head with debt for trying to better themselves.
Re: The Absurdity of Student Loan Debt
#3Good for her writing openly about her struggles! Sharing is often hard, but can have an immensely positive effect on others who may be stumbling on the same path.
Re: The Absurdity of Student Loan Debt
#4"I now owe more than what I originally borrowed because my payments haven’t even scratched the principal."
It is not "absurd". It is a working solution to a socio-political problem [for the modern Lords]. See Serf for a historic reference.
Re: The Absurdity of Student Loan Debt
#5It troubles me that topics like this usually turn into FUD about the 1% instead of recognizing government interference and subsidation as the problem.
The parable of the scorpion and frog [1] is exactly relevant. I wish Americans would stop shouting for more government to fix problems the government created in the first place.
[1] https://en.m.wikipedia.org/wiki/The_Scorpion_and_the_Frog?wp...
Re: The Absurdity of Student Loan Debt
#6In the US, do student loans need collateral?
I recently went through the process in India and was quite surprised at the amount of rigour - the bank requested a lot of information including grades since high school, discussed potential earnings and requested that the familial home be hypothecated to the bank.
Re: The Absurdity of Student Loan Debt
#7It troubles me that topics like this usually turn into FUD about the 1% instead of recognizing government interference and subsidation as the problem. The parable of the scorpion and frog [1] is exactly relevant. I wish Americans would stop shouting for more government to fix problems the government created in the first place. [1] https://en.m.wikipedia.org/wiki/The_Scorpion_and_the_Frog?wp...
Man, give me a break. What is it with you boot licking corporate apologists?
Re: The Absurdity of Student Loan Debt
#8"I don’t regret my MFA"
So you've learned nothing.
Re: The Absurdity of Student Loan Debt
#9Just don't pay. It is shocking that people feel compelled to repay crooked loans issued by crooked banks run by people who are just playing a game of who can steal the most.
Re: The Absurdity of Student Loan Debt
#10Reminds of the story of a theater student who was swindled by the "Nigerian mafia", left penniless, and turned that calamity into performance art.[1] The irony of analogizing a swindle to debt from an MFA is rich, of course.