I await the government asserting that student loans are foreclosed if not assaulted by unethical drugs... I mean "Vaxed".

I speculate maybe 1... maybe 2 months if they find any significant portion are unvaxed.
Facts Not Lies

Why do so many people in America have student debt? - Marketplace

Sylvia Li for Marketplace Even before their kids were born, Luke Burnham and his wife started saving for college. First in a regular savings account …
John A Cassani
This article touches on a few of the major reasons for the huge increases in tuition. Certainly, the fact that so many institutions favor the “disadvantaged” with scholarship money increases the price tag for those who actually pay. Federal and state governments shifting from grants toward loans has had an impact, but with all of the budget cuts over the last several decades, you would have to …More
This article touches on a few of the major reasons for the huge increases in tuition. Certainly, the fact that so many institutions favor the “disadvantaged” with scholarship money increases the price tag for those who actually pay. Federal and state governments shifting from grants toward loans has had an impact, but with all of the budget cuts over the last several decades, you would have to expect that grants that disproportionately favor middle class whites would inevitably be cut. The fact that colleges are allowed to factor in the parent’s ability to pay, rather than only the student’s is a major problem, that was created by Congress.

I would have to say that usury comes into play, given the fact that student loans are approved without being underwritten. There is no eye to whether the student will ever be able to pay. There is no mention of the reason lenders are willing to make these loans: student loans cannot be discharged by bankruptcy court, like pretty much every other form of unsecured debt. The only way to get out of paying is to die. This should make families reluctant to borrow, but no one thinks that things will ever go sour like that. This is, in my opinion, an insidious form of predatory lending, which, by any sane definition, is usury, regardless of the rate of interest being charged.
Facts Not Lies
Fortunately, the $75 loan for college that I took from my father (against my tools of my trade) was paid off in a few months. Yes, I did have 2 jobs and college... until I was recruited away from college before completion.

Even my father knew that I needed to add risk on my part to ensure I recognize the value and responsibility of taking a loan.

However, his goals were for me to gain life skil…More
Fortunately, the $75 loan for college that I took from my father (against my tools of my trade) was paid off in a few months. Yes, I did have 2 jobs and college... until I was recruited away from college before completion.

Even my father knew that I needed to add risk on my part to ensure I recognize the value and responsibility of taking a loan.

However, his goals were for me to gain life skills.

Student loans have nefarious goals. The goal to instill 'free lunch', 'forgiveness of loan' obligation, and indenturing. All while getting kickbacks from the colleges and driven by employers requiring a 4 year degree to clean privies.
Ultraviolet
Showing intent and motive is a notoriously difficult thing @Facts Not Lies This "free lunch" and "forgiveness" approach are comparatively recent developments mainly prromoted by American Democrats politicians to secure a new voting demographic. Essentially it's their same "we're giving out free money" tactic they use to get the "welfare vote".
Facts Not Lies
@Ultraviolet This is typical fascistic management by way of taking on terms which have positive perception and mutilate them to their inverse.

There is no free lunch. Paying others with my tax dollars to welch on their responsibility is far from forgiving to the debt holder, debtor, nor the economy. My wallet can yield a limited amount of such 'forgiveness'.
Ultraviolet
You've described the tactic correctly, but it was pioneered by cultural Marxism. @Facts Not Lies Recent examples: "tolerance" and "diversity,".earlier examples, "pro-choice" and "outreach". Earlier still, "affirmative action" and "equal opportunity".
Facts Not Lies
Yeah.... I was asked why I hated Columbians today. I said I have no idea what race most people are, but; I cannot say I know a Columbian, as such.

When all the mirrors cleared the smoke, I learned that this is because I did not attend the Columbian cooking diversity event at work. My response was essentially "Sorry, those customers are not going to resolve their problems and I have no desire to …More
Yeah.... I was asked why I hated Columbians today. I said I have no idea what race most people are, but; I cannot say I know a Columbian, as such.

When all the mirrors cleared the smoke, I learned that this is because I did not attend the Columbian cooking diversity event at work. My response was essentially "Sorry, those customers are not going to resolve their problems and I have no desire to learn how to make food I cannot eat due to my stomach not having been conditioned for it. And a person with peanut allergy may not find interest in recipes for peanut butter."

This is what employers are likely asked to do to earn some of our tax dollars or reduction in their fiscal or social liability to this socialistic regime.

They had to log my absence, act on it, and press their agenda of accentuating racial delineation. And done by these diversity events. Then, hunt me down to correct the 'problem' which may be represented by my self exclusion from the event.
Ultraviolet
I would have reminded my co-worker (especially if it was a superior) that I ever-so regrettably forgot the event due to my workload but, happily, this past September I also set a new department productivity record. ;-) Stll... whatta question.... :P
Louis IX
2 of the 4/5 years of a typical under graduate degree are a waste of time. A BS or BA can be acquired in 2 to 3 years if universities allowed students to jump right into their concentrations. Eliminate elective courses. Those who wish to be truly educated follow a course of study their entire lives with access to knowledge never before available in human history. This course of action would cut …More
2 of the 4/5 years of a typical under graduate degree are a waste of time. A BS or BA can be acquired in 2 to 3 years if universities allowed students to jump right into their concentrations. Eliminate elective courses. Those who wish to be truly educated follow a course of study their entire lives with access to knowledge never before available in human history. This course of action would cut the total cost of an under graduate degree in half.
V.R.S.
But... who will feed the lecturers then?
Louis IX
Amazon is always hiring, or they can learn to code.
Facts Not Lies
@lous IX Some people do nothing positive on the road or on the code. But, true. Now, get a 16 y/o and their parents to agree that he will not become the 'family beacon' by going to college and getting a white collar job in a fortune 500 company.

I will tell you from watching my coworkers responses to their kids trying to make such a choice that it'd be easer to remove a femur than get past …More
@lous IX Some people do nothing positive on the road or on the code. But, true. Now, get a 16 y/o and their parents to agree that he will not become the 'family beacon' by going to college and getting a white collar job in a fortune 500 company.

I will tell you from watching my coworkers responses to their kids trying to make such a choice that it'd be easer to remove a femur than get past this brainwashing
Ultraviolet
Usury doesn't apply here @Steve D . Any more than it applies to students racking up huge credit-card debts. Read the article next time, before you start prattling, eh?

"I wonder why college costs so much more today than 25 years ago," he said. "What is the driving factor, or forces, behind such increases in the cost of attending a four-year school these days?"

Easy answer: Scholarships for …More
Usury doesn't apply here @Steve D . Any more than it applies to students racking up huge credit-card debts. Read the article next time, before you start prattling, eh?

"I wonder why college costs so much more today than 25 years ago," he said. "What is the driving factor, or forces, behind such increases in the cost of attending a four-year school these days?"

Easy answer: Scholarships for people who aren't scholars, including people who are given a free education so they play sports, or because they're part of a preferred minority group. Joe Average is paying for his education and that of four or five other people as well.

Complicated answer: Administrative and overhead costs for "prestige" and "virtue signalling" events to generate positive publicity in the left-wing media. e.g. Climate Change Conferences, International Seminars For LGBTQ Diversity, etc. etc. Those "big name" public speakers don't show up for free. They charge HUGE amounts of money for the prestige and "importance" they can bring to an event. Joe Average is paying for that as well.
Facts Not Lies
With employer and school relationships running close, one may conceive a win-win-lose triad relationship: Employer demanding unneeded degree, -school selling them at a high cost, -potential employee/student.
Steve D
Congress continued to pass new laws, one after another, that expanded eligibility for student loans, eliminated income requirements and allowed parents to borrow for their kids’ educations.

I stand by what I said. This is the same usurious fiasco that caused the 2008 MBS meltdown. We now have several generation of kids saddled with debt with no hope of repaying for good chunks of their lives. …More
Congress continued to pass new laws, one after another, that expanded eligibility for student loans, eliminated income requirements and allowed parents to borrow for their kids’ educations.

I stand by what I said. This is the same usurious fiasco that caused the 2008 MBS meltdown. We now have several generation of kids saddled with debt with no hope of repaying for good chunks of their lives. And the oligarchs smile....
Ultraviolet
...and that still isn't usury. @Steve D Congress was pandering to the 18-21 voting demographic... "making education accessible to all" etc. etc. .If people can't pay back what they owe that isn't the lender's fault.

If you were crying the police because someone made you look like a fool online, God help anyone who owes you money and doesn't want it to pay it back.
Steve D
If people can't pay back what they owe that isn't the lender's fault.

Did u learn that rationalization for usury as a child, on your saba’s knee?
Ultraviolet
Did you learn to be a dead-beat from Gran' Paw or is it a family tradition? ;-)
Facts Not Lies
1) When you cannot see a way to employment without college, you need a solution
2) When you need to get that degree from the 'right' colleges, you need a solution
3) When you are pressured to take and accept college loans
4) When everyone 'else' is doing this for generations
+ Taking a loan is the option presented...
Alternatively, work swabbing decks for 10 years as you pay for college yourself
Ultraviolet
No one is "pressured" to accept college loans any more than they're pressured to run up huge credit-card debts. And your example is a good one. A lot of people join the military/ reserves in exchange for Uncle Sam "paying for college". I haven't checked lately but military reservists sign on for a long time.
Facts Not Lies
Last checked, Mil loans for college were not worth mentioning.
If you were full time mil... the scholarship can be lucrative.
If not... you are taking a loan with slightly better terms and a bit more flexible repayment plan
Ultraviolet
"If you were full time mil... the scholarship can be lucrative." -proving what you said true, especially for the Navy. Grads are going to "work swabbing decks for 10 years." ;-)
Facts Not Lies
@Ultraviolet :) I see you drew those two references together as I intended
(Ex Coast Guard here)
Steve D
No one is "pressured" to accept college loans any more than they're pressured to run up huge credit-card debts.

This is typical oligarch-speak. When people aren't being paid a living wage and/or are being hit hard by artificial inflation, or when college costs have sky-rocketed to an obscene amount, and the only option is easily accessible usurious debt instruments, well that my friends is …More
No one is "pressured" to accept college loans any more than they're pressured to run up huge credit-card debts.

This is typical oligarch-speak. When people aren't being paid a living wage and/or are being hit hard by artificial inflation, or when college costs have sky-rocketed to an obscene amount, and the only option is easily accessible usurious debt instruments, well that my friends is pressure. People aren't forced to watch porn either, but when the culture is saturated in sexual liberation and pornography - also by the same suspects - well, a very observable pattern can be seen here. These are all means of political control.
Facts Not Lies
But... But... we can smoke weed now!!!
(dull the minds of many and the few can triumph)
Ultraviolet
"This is typical oligarch-speak." .. @Steve D continues making excuses for dead-beats who default on loans. I wonder why. Seems this is a topic very close to home. Which brings us to... "People aren't forced to watch porn either, but..." ...Steve D starts making excuses for his other failings. :D Sure Steve, you were "pressured" to go to PornHub just like you were "pressured" to max-out …More
"This is typical oligarch-speak." .. @Steve D continues making excuses for dead-beats who default on loans. I wonder why. Seems this is a topic very close to home. Which brings us to... "People aren't forced to watch porn either, but..." ...Steve D starts making excuses for his other failings. :D Sure Steve, you were "pressured" to go to PornHub just like you were "pressured" to max-out your Visa card. Your words elsewhere on GTV: "And when caught, it's never their fault - always the victim. AND they will turn it around and blame you." How fittingly appropriate now that you're the one playing the victim, eh?.
Facts Not Lies
One can err and give into temptation... we know
But, can temptation be faulted for this choice?
I feel the answer to this is 'no'.

I do agree that it is a choice to get into college loan debt.
One which had been represented as 'annoying for as long as 8 years' for many.
However, with the the cost hikes over the years, this exceeds annoyance and is indenturing.
All the while, few exposed …More
One can err and give into temptation... we know
But, can temptation be faulted for this choice?
I feel the answer to this is 'no'.

I do agree that it is a choice to get into college loan debt.
One which had been represented as 'annoying for as long as 8 years' for many.
However, with the the cost hikes over the years, this exceeds annoyance and is indenturing.
All the while, few exposed this change for a very long time. So, the perception of this loan remained one of an annoyance.
More came and accepted this choice based on the perception given those before them.
(they may really needed to go back to primary school to learn about lemmings)

Those with money would never misrepresent adverse conditions which increase their income. More likely, they misrepresent the result of NOT doing it...

Hmmm Sounds like a pre-peat of something that keeps people from enjoying freedoms over the past ~2 years.
Steve D
No excuses were made for anyone, there is still such a thing as personal responsible. But these forms of slavery (debt, sexual liberation, et al) are intentionally made easily accessible and pushed on the goyim as a form of political control. There is such a thing as the common good.
Ultraviolet
"there is still such a thing as personal responsible." -Based on your defense here , it DOESN'T include 1.) dead-beats who don't pay back what they owe and (your example) 2.) People addicted to porn. No surprises you're making excuses for both groups, @Steve D.
Ultraviolet
"But these forms of slavery..." -except these aren't. Nobody forced you to run up debts you couldn't repay and nobody forced you to watch porn. Those are choices YOU made. Debt and vice have always been "easily accessible" in every culture advanced enough to have money and places of commerce. As always, you bigots blame "da jooz" for your OWN irresponsibility and lack of self-control.
Steve D
Debt and vice have always been "easily accessible" in every culture advanced enough to have money and places of commerce. As always, you bigots blame "da jooz" for your OWN irresponsibility and lack of self-control.

LMAO!! You need to study the history of Christendom better.
Ultraviolet
Again, your ignorance of world history betrays you. For example, China had banking and prostitution long before our "Abrahamic brothers" showed up. There's more to history than what E. Michael Jones spoon-feeds you, Steve. .--and you don't want to see the pot he's dipping into. :D
Facts Not Lies