Many Republicans who are exclaiming about the unfairness of student debt cancellation took advantage of the debt forgiveness available in the Paycheck Protection Program at the height of the pandemic.
Often in this society, when a scam is exposed, one must peel it layer by layer like an onion to reveal the stinky green, tear-inducing nubbin at the core. This week’s lesson in “How We Get Screwed Everywhere We Turn” finds us confronting the sticky wicket of student loan debt, and the problem some people have with the idea that other people might get something that helps them.
Thus, the cynic in me is forced to note, you are inducted into The American Way: Your salary provides you with purchasing power that entire industries — maybe even the one you work for! — cater to.
By the time she was finished with college and law school, my friend the newly minted lawyer had a pile of student debt on her back large enough to enjoy its own gravity. The advocacy groups, the public defender’s office, all the places she wanted to apply her talents and intentions, paid far too little for her to be able to manage her debt, and so she wound up at a desk by the window of a glass-and-steel cage 30 stories above downtown, another associate “grinder” at another corporate law firm.
There you have it. How do you get the smartest students in the country to work defending the rights and power of corporations? Bury them in debt and then lure them into six-figure careers — perhaps a partnership, or even a judge’s robe down the road — spent defending those corporations in court. So long as these students are shackled to debt, torrents of them will be available to make sure oil companies will never know a reckoning for, say, turning the Gulf of Mexico into a death zone.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Cancel It All: An Interview With Astra Taylor on the Call for Full Debt ReliefTaylor debunks cynical arguments against debt cancellation, including Mitch McConnell's complaints about Biden's action.
Weiterlesen »
Borrowers with paid-off debt feel punished by Biden for doing 'right thing'Senator Mitch McConnell said it was a 'slap in the face to working Americans who sacrificed to pay their debt or made different career choices to avoid debt.'
Weiterlesen »
Trump Calls For McConnell To Be Replaced “Immediately” As Spat Between GOP Leaders WidensFormer President Donald Trump, the de-facto leader of the Republican Party, today called for the ouster of his party’s most powerful elected official: Senate Minority Leader Mitch McConnell (…
Weiterlesen »
Midterm Memo: Decoding Mitch McConnellSenate Minority Leader Mitch McConnell (R-KY) is deliberate with his words, saying no more — and no less — than he believes circumstances require. And he often speaks in code.
Weiterlesen »
Dr. Oz insists Mitch McConnell isn't concerned about his Senate raceA new poll found that the majority of Pennsylvania voters said Oz's New Jersey residence made them less likely to vote for him.
Weiterlesen »