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#predatoryloans — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #predatoryloans, aggregated by home.social.

  1. Wouldn't want to have "an educated proletariat" now would we!

    "Free tuition at CUNY became a “canary in the coal mine,” Brier said. Its death was a harbinger of a new era in American higher education. What followed were skyrocketing tuitions across the country and an eventual $1.7 trillion student debt crisis unknown in the nation’s history."

    "Since 1980, the cost of college has outpaced inflation by more than double, according to a Georgetown University study last year. So has the size of student debt, reaching approximately $30,000 on average — larger than any debt besides a home mortgage."

    lohud.com/story/news/education

    #studentdebt #debtrelief #predatoryloans #banks #debtcrisis #loanforgiveness