Tuesday, February 26, 2019
How Student Debt Dragged A Generation Down - Anne Helen Petersen, BuzzFeed
For hundreds of thousands of Americans, the promise of student loan forgiveness has either already been broken, or they fear it will be. And while recent investigative reporting from Mother Jones has illuminated massive failures on the part of the private, for-profit companies that “service” both student loans and the PSLF program, like FedLoan and Navient, the question of who’s to blame extends far beyond their bad behavior. To really get at why all of this matters, we have to think about who’s taking out student loans and why, what students do with the money they receive, the actual options available when students enter the workforce, and the larger ramifications of shifting the burden of education away from society and onto the individual.
https://www.buzzfeednews.com/amphtml/annehelenpetersen/student-debt-college-public-service-loan-forgiveness