this post was submitted on 17 Jul 2025
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United States | News & Politics

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[–] Cocopanda@lemmy.world 11 points 2 days ago (1 children)

As it was by design. I’m happy I had the chance to get through my education before this shitstorm.

[–] dessalines@lemmy.ml 7 points 2 days ago

Same... although I did graduate with a lot of debt that forced me into jobs I hated for many years.

Not just private banks, but the US government realized they could make a ton of profit by charging interest on loans rather than enforcing tuition caps or reigning in university bureacracy and loan companies, and all the middlemen who profit at the expense of teachers and students. The whole experience left me disillusioned with the US education system, and I saw it as more of a business or a racket than actually about educating people into professions that ensure their future financial security.