Student loans always did feel kind of predatory to me. We're asking 17 or 18 year olds whose brains haven't fully developed the ability to prioritize long term consequences to take on 10s or 100s of thousands of dollars in debt when in many cases, they don't even know their path through college (major etc).
Now don't get me wrong, I don't have some sort of magic plan to fix this (maybe allow them to declare bankruptcy would be a start?) but the whole industry just felt a little predatory to me.
Now don't get me wrong, I don't have some sort of magic plan to fix this (maybe allow them to declare bankruptcy would be a start?) but the whole industry just felt a little predatory to me.