24 February, 2022

https://www.nytimes.com/2022/02/02/opinion/tara-westover-educated-student-debt.html

To poor kids today, we present a no-win scenario. We shout shrilly that they must get a college degree, because without one they can’t hope to compete in the globalized economy, but even as we say it, we doubt our own advice. We know that we are asking them to bury themselves in debt at a moment when it is very uncertain what kind of job they will be able to get or how long it will take them to repay the loans. We know it, and they know it. For them, the American dream has become a taunt. Perhaps my story is proof not of the persistence of the American dream but of its precarity, even its absence.

The solutions are multitude. We could restore funding to public universities and insist that they operate as public utilities, rather than as strictly profit-driven businesses. We could increase Pell grants and reform student debt. If we were more ambitious, we could tackle the supreme inequality that, in recent decades, has disfigured every fact and facet of social and political life.