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Originally posted by Partygirl
Originally posted by Iamonlyhuman
Would you blame the casino for a gamblers loss on a bet?
No I would not.
But the casino does not have a stated purpose and socially-recognized mandate to prepare the next generation for leadership roles.
College does. There is a difference.
Society can function without casinos. Can it function without higher education? Perhaps, but then the current system needs to be replaced or seriously reformed. Which is kind of the point of this thread to begin with.
Originally posted by ThirdEyeofHorus
reply to post by Partygirl
Could be the start of a new trend in consolidating family dwellings as it was in the early part of the century and past centuries when multiple generations lived under the same roof and everyone contributed to the upkeep in their own ways, and grammaw and grampaw could still earn their keep with share of duties.
Young people accepted a home mortgage worth of debt before they ever even had a regular income based on phony promises.
USA Today says that at some point this year, student loan debt will exceed $1 trillion, surpassing even credit card debt. Felix Salmon says the number is closer to $550 billion. Either way total student loan debt is rising as other debts have tailed off. Delinquency has increased, too, since the height of the financial crisis.
It’s a huge mess.
Some people have noticed that “student loan debt” comes up a lot among the Wall Street Occupiers and the members of the 99 percent movement. Often, older people, who either attended school when tuition was reasonable, or who didn’t attend college at all in an era when a high school diploma was enough of a qualification for a stable, middle-class career, tend to think this is all the entitled whining of spoiled kids. They don’t understand that these kids accepted a home mortgage worth of debt before they ever even had a regular income, based on phony promises, and that the debt is inescapable, regardless of life circumstances or ability to pay.