Paying for college is no easy feat, and it is one that is growing ever harder with the passage of time, exponentially so. What many do not see is that our nation is slowly once again trying to form an elite class.
Yes college loans and scholarships are making it easier for more to go. But they will be paying off this debt for the rest of their lives.
That means that there will be that much less consumer spending, meaning the economy will suffer.
Nationwide student loan debt tops 1 trillion dollars, and it is growing. The cost of college is growing so fast it has outstripped inflation. The best part is there is no real way to control it. As we need them more than they need us. Society needs to introduce measures to control the cost of a college education. The amount of money the average American makes has flat lined since Ronald Reagan, inflation has skyrocketed. The only reason why this has been hidden is a great deception on the part of the corporate world, by Firing Americans and hiring what is equivalent of slaves and paying them less then old Ebenezer Scrooge would give to charity before his spectral visits, they have hid their highway robbery of the American people, with lower prices on everyday trinkets.
How can the average person pay for college, in such a world?
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