Tag: student loans

. . . The underlying structural crisis does not seem to have gone away. Indeed, in the last year and, more perspicuously in the past two weeks, it has found a more demanding as well as disquieting focus — student debt as well as the economic albatross of the maturing millennial generation itself. . . . The real scandal is the monstrous moral hazard that the student loan lending system has spawned. It amounts, according to Taibbi, “a shameful and oppressive outrage that for years now has been systematically perpetrated against a generation of young adults.”

Essays, Justice, States of Exception