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Tuesday, November 29, 2011

Student Loan Fury In The Occupy Movement

Young people in the U.S. now recognize that the university has become part of a ponzi scheme designed to place on students an unconscionable amount of debt while subjecting them under the power of commanding financial institutions for years after they graduate. Under this economic model of subservience, there is no future for young people.

Henry Giroux, Casino Capitalism and Higher Education,CounterPunch, October 31, 2011

“Students Ought Not Be a Means of Profit,” Nate Grant scrawled on a cardboard sign as he sat cross-legged on a wall at the Occupy Wall Street encampment (Baum 2011). Grant, 22, was an English major.

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2 comments:

Anonymous said...

where does this mentality of obtaining loans and then not wanting to pay come from?

Anonymous said...

maybe if you can't afford the loans you should not take them. just becuase you go to college and get a degree it does not mean you deserve a job much less one that pays you $50k a year. it is time that todays youth face reality