Joe Biden basically spearheaded the US ability to turn student lending into a perpetual organ grinder of human misery in 1976. Did US colleges think people wouldn't wise up to the nightmare of un-dischargeable debt and the explosion of papermill colleges from Section 439 after fifty years?
it will likely take another fifty years to rebuild the confidence of parents (millennials who experienced this predatory lending firsthand) as well as kids (who watched their parents struggle under predatory lending) to re-enter higher education and this couldnt come at a more inconvenient time as China is set to eclipse the US as a superpower.
https://www.businessinsider.com/biden-made-it-harder-to-disc...
it will likely take another fifty years to rebuild the confidence of parents (millennials who experienced this predatory lending firsthand) as well as kids (who watched their parents struggle under predatory lending) to re-enter higher education and this couldnt come at a more inconvenient time as China is set to eclipse the US as a superpower.