On Student Loan Debt and System Design
The student loan debt ruling was shared with the masses this morning. You can likely guess the U.S. Supreme Court's ruling without having to go and look it up.
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And there goes the possibility of millions of U.S. Americans being able to break cycles of debt and poverty in their lifetime and generations to come. And all because they wanted an education to improve things for themselves and their families. That's what we were told to do, right? Take out loans that have grown increasingly more predatory over the past thirty years with little to no governmental checks and balances to go to college to get degrees that we might barely earn a living with, if we're lucky, just enough left over to spend the next fifty years of our lives trying to repay them while trying to eat, pay our bills, take care of our mental and physical health, and save money to help the next generation seek an education without the shackles they witness us unable to break.
The beat goes on.
And it's all by design in a country whose decision-makers have openly let it be known how they feel about the masses being educated, especially the poor and underserved, the melanated, and those whom the original sins of this unceded land have rendered invisible and subhuman.
I guess most of us best get back to budgeting. September will be here before we know it.