Millennials are just this screwed: Banks and colleges win, debt-ridden graduates left to suffer

Parents Forum
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<p>“A federal loan repayment program fails, because no one has the guts to get costs under control or make college free.”</p>

<p><a href=“http://www.salon.com/2014/04/28/millennials_are_just_this_screwed_banks_and_colleges_win_debt_ridden_graduates_left_to_suffer/”>http://www.salon.com/2014/04/28/millennials_are_just_this_screwed_banks_and_colleges_win_debt_ridden_graduates_left_to_suffer/&lt;/a&gt;&lt;/p&gt;

<p>More: <a href=“Student Loan Forgiveness Plans Could Be A Victim Of Their Own Success – Consumerist”>http://consumerist.com/2014/04/29/student-loan-forgiveness-plans-could-be-a-victim-of-their-own-success/&lt;/a&gt;&lt;/p&gt;

<p>Even More: <a href=“http://online.wsj.com/news/articles/SB10001424052702303887804579503894256072308”>http://online.wsj.com/news/articles/SB10001424052702303887804579503894256072308&lt;/a&gt; (paywall)</p>

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<p>That is perhaps the most ignorant article on the subject yet. The millennial author provides two solutions–forgive debt, and provide free education. Just another example of blaming someone else for your own personal mistakes and having a “society owes me” mentality. </p>

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<p>Loan forgiveness programs are highly discriminatory against people who don’t have loans</p>

<p>There is nothing wrong with providing extra salary or bonus money for jobs that are hard to fill. But that money should be available to anyone taking that job. </p>

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<p>

So true! This is what a child of the “participation trophy” generation suggests.</p>