- ↪ Dark Lords of Student Loan Debt
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There’s nothing like a bit of doom to get you going on a Monday. In this article, Vox Day blasts the student loan system for playing upon the ambitions of millions of young people and turning them into slaves.
The dark secret of the college-loan system is that it is not designed to help students pay for college and generate a reasonable interest-profit for the loan provider that will be paid off within a short period of time after the student begins working and receives a degree-enhanced salary. It is specifically designed to keep the graduate on a treadmill of debt that will ideally never be repaid.
High-school students must learn that no degree, not even one from a top Ivy League university, is worth the gamble of being caught up in this infernal system. And parents must learn that they must deny their children the dubious honor of being sacrificed to the illegitimate gods of educational debt, no matter how desperately their children might plead for the privilege, like innocent Aztec maidens bedazzled by the sun.
Be sure to check out The Student Loans Scheme referenced within.
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URL: http://careared.com/linked/dark-lords-of-student-loan-debt
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