student debt

How To Cancel Student Loans Legally (And Save The Chinese Economy)

Last year, Joe Biden – or whoever is really running America (into the ground) – promised to forgive a massive amount in student loans. This was a self-serving promise that he knew would be ruled unconstitutional, and which he could blame on the Republicans. Although this was hyped as forgiveness, it wasn’t, rather he was […]

Escalating Student Debts in Richest Countries Re-Emphasize Need for Socialist Approach to Education

Young People Should Not Be Starting Life Saddled With Big Debts Young people should be able to start life on a note of freedom and liberty. They should be entirely free to act according to the voice from their heart regarding what is the most promising and satisfying work for them. They should be able to choose work where they[Read More...]

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

The Web Of Debt Blog — 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 Circularreportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:

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 […]

Sanders, Warren Propose Free Tuition Plan Funded By Tax On Wall Street

Elizabeth Warren, D-Mass. and Bernie Sanders, I-Vt., greet one another during a rally Friday, March 31, 2017, in Boston. (AP/Steven Senne)
Senators Elizabeth Warren and Bernie Sanders, former presidential candidate, along with several other progressive senators introduced a bill that would seek to eliminate college tuition and fees at public four-year colleges and universities in the United States for students from families that make up to US$125,000 a year.