Re:Baby boomers are becoming homeless at a rate not seen sin...
by voisin on Monday September 25, 2023 @09:57AM
(#37643877)
Education has traditionally been a primary method for upward economic mobility. Once student loans became a thing, colleges jacked up tuition to put it out of reach of anyone but the super wealthy unless student loans were used.
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Re:Baby boomers are becoming homeless at a rate not seen sin...
by c_crank on Monday September 25, 2023 @09:57AM
(#37643888)
But no one forced those people to take on those loans.
Re:Baby boomers are becoming homeless at a rate not seen sin...
by voisin on Monday September 25, 2023 @10:33AM
(#37644462)
Not explicitly but the choice is “stay in your economic class or invest in the only thing reliably proven to improve your future”.
Re:Baby boomers are becoming homeless at a rate not seen sin...
by c_crank on Monday September 25, 2023 @10:35AM
(#37644503)
And those who do not want to deal with the risk of going through school and not getting a better job to pay for the onerous loans can just remain in their economic class.
Re:Baby boomers are becoming homeless at a rate not seen sin...
by HPsquared on Monday September 25, 2023 @11:12AM
(#37645165)
People basically did remain in the economic class though. The school doesn't have much to do with it. Has class mobility significantly increased since the adoption of mass tertiary education?
Re:Baby boomers are becoming homeless at a rate not seen sin...
by slt2021 on Monday September 25, 2023 @11:44AM
(#37645718)
and why people invested noname colleges with degrees in psychology, english lit, gender studies?
and then act surprised when they get out with zero useful skills
Re:Baby boomers are becoming homeless at a rate not seen sin...
by Daishiman on Monday September 25, 2023 @11:11AM
(#37645155)
No one forced me to not try the one thing everyone says will keep you out of poverty.
Re:Baby boomers are becoming homeless at a rate not seen sin...
by c_crank on Monday September 25, 2023 @11:21AM
(#37645296)
Did you consider that everyone might have been making a mistake when they equated taking on large loans with getting out of poverty?