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Saturday, December 30, 2017

Student Debt Slavery: Bankrolling Financiers On The Backs Of The Young

Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.

The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:



JIM said...

Perhaps this will be at least one good lesson learned by our young friends..

"Going into debt to pay to be indoctrinated is a bad choice."


Anonymous said...

Obama promised free college 4 years later tax break make college affordable again. He also PROMISED to END the war 9 years ago now. Obama also PROMISED insurance would be CHEAPER and KEEP your doctor!

Anonymous said...

Obama and 99.9% before him also lie and deceive but mostly never deliver change UNLESS it removes a freedom. This is the reason for Trump