How the Student Loan Industry, Trump, and Neoliberals Are Creating a Nation of Serfs

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Published by Anonymous (not verified) on Wed, 28/06/2017 - 11:12pm

Binta Baxter

Most of the discussion about student debt in the United States has centered on its excessiveness, the negative impact it has on home-buying for the next generation, various refinancing schemes, and (for the grossly uninformed) how borrowers simply need to ‘pay what they owe.' However, the untold story of student loan debt in the United States is that it is being used as a form of economic terrorism designed to not only redistribute wealth from everyday Americans to the elite, but also to undermine and degrade American democracy as a whole.