Wednesday, October 09, 2019

COTW: Student Debt Rising

Senator Sanders, bless his heart, wants to forgive student debt and make public higher education free, and here are some of the reasons why in this chart from The Economist:

Student debt has more than tripled in the time period shown and is still going up.  One in five students attending private, for profit schools will default on their loans, wrecking their all-important credit rating, within 3 years.  Those students attending public institutions and graduate with a degree are much less likely to default. So the next time you ask yourself why doesn't Bernie appear more on the CMM, it is because he talks about issues that media elites do not care about, but that are vitally important to working people of all varieties.<10 able="" are="" employment.="" obtain="" p="" since="" they="" to="">