"Free" Money Isn't Free

Total outstanding student loans top $1 trillion.

That's more than Americans owe on credit cards.

 

 

Comments

[Mannie Sherberg]

This s one of the saddest stories of our time -- and there are plenty of culprits: a government that refuses to do what's necessary to revive the economy so that these young people will find jobs when they graduate; a university system that charges extortionate fees (rising each year way beyond the rate of inflation); and our society at large, which has conned every American youngster into believing that a college degree is necessary to "succeed" in life. Many of these youngsters will graduate in debt, and die -- hopefully many years later -- still in debt. No decent society would perpetrate a hoax this cruel.