Posts Tagged ‘student debt’
Politics: Hasan Minhaj On The Student Loan Debt Crisis (Video)
February 25, 2019
Yooo! There’s a game show to pay off student loans?? I need, like REALLY need to go out for that… and WIN! Mr. President, student loan debt is REAL national emergency (eff that wall thing). Hasan speaks on it.
With Americans’ student debt now over $1.5 trillion, Hasan looks at how the federal government turned the Department of Education into the largest bank in America in terms of loans, and examines the department’s relationship with loan servicers. These private financial companies have benefitted from Secretary of Education Betsy DeVos’ hands-off regulation that has made it easy for students to become trapped in debt.
– Patriot Act
– @ojones1
Hard To Earn, Too Costly To Learn: How For-Profit Colleges Saddle African-American Students With Staggering Debt
June 13, 2013
President Obama echoes the sentiment of Black people throughout the ages in America: The key to “winning the future†is to get educated. Get educated, get paid, live the American Dream. That’s the path to prosperity right… right?
Well, Kai Wright of Salon.com writes that something isn’t right:
Have we been had, hoodwinked, and bamboozled again? Kai makes a powerful argument. And were he here to speak on it today, Malcolm X might well quip: Plymouth rock landed on us. We climbed from under it. Then they dropped a mountain of debt on top of us!
Several of the top for-profit colleges are run by financiers, not educators. Damn. Now, more than ever, it costs to be poor; and it pays to exploit those striving for more.
Posted in Business, Cover Story, Human Interest, Lifestyle, Opinion | 
Tags: black, buried in debt, for-profit college, How for-profit colleges prey on African-American ambition, Kai Wright, student debt, targeted at those who can't afford it, Useless degrees are now too-good-to-be-true tickets to the American Dream, Young | 
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