Here is What The Student Loan Scam is Doing to America
Americans currently owe $1.6 trillion in student debt and that figure is expected to rise t0 $2 trillion in 2022. Study after study has shown that this debt is not only unsustainable, but a severe drag on the economy. People in severe debt don't spend money, don't start business and are always looking at ways to cut costs - in other words, the exact behavior that leads to recession. So what is the purpose of this insane system?