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Student Debt Means Fewer Public Servants — And More Bankers

Student Debt Means Fewer Public Servants — And More Bankers
Above Photo: Flickr/Donkeyhotey Indebted students trained for public service are instead cutting bait and heading for Wall Street. Cum laude, my diploma reads — “with honor.” But cum debitum, “with debt,” is a bit more accurate. Collectively, America’s student borrowers owe $1.7 trillion. On average, each graduating senior this year is beginning their life around $37,000 in the hole. That looks like a lot, but when you’re living with student ... Read more