Sallie Mae offering college loan sharking services to my oldest son.
They’re charging young Americans up to 1200bps > FFR to learn while the Fed printed $3T in the last 3 months to help finance Boomer entitlements.
I can’t imagine why America’s youth is so honked off...
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They’re charging young Americans up to 1200bps > FFR to learn while the Fed printed $3T in the last 3 months to help finance Boomer entitlements.
I can’t imagine why America’s youth is so honked off...
If tasked w/creating a system that optimized for creating social unrest over time, I& #39;d burden those entering the most economically-productive years of their lives with massive debt while subsidizing the asset-rich & those in the least economically-productive yrs of their lives.
This type of action is called "Eating your seed corn" in some parts.
Or, alternatively:
"The child who is not embraced by the village will burn it down to feel its warmth." -African proverb
Or, alternatively:
"The child who is not embraced by the village will burn it down to feel its warmth." -African proverb