University Usury

Back in the 50’s, I earned enough working as a summer laborer to pay for my university education.  Today, no student doing summer work can earn enough to buy even the books necessary for school.  To make matters worse, most students cannot find summer jobs or employment after graduation.

Today, one of every ten unemployed graduates is offered an unpaid internship by corporations overstaffed with wealthy greedy earlier university graduates, all of whom have forgotten why they are so well off.  This cadre of chief executives was welcomed into the business community with open arms by those who had already achieved success, and most were paid more, not less, than they were worth upon graduation.

Our young people are often deep in debt when they graduate, only to discover that even bankruptcy is no longer possible where student loans are concerned.  University usury.