Sarah Harper has a nice insight that college debt is rather unsustainable, a word that’s just the kiss of death these days. We were all bamboozled when the college debt masters started calling student loans “good debt” and that might be true for a reasonable amount of debt for a degree that leads directly to a good job, but the colleges have boosted their tuition into unsustainable territory. And every college student knows that “sustainable” is good while “unsustainable” must be a horrible sin.
She’s writing about Debt-Free-U, a project that seems okay:
One could argue that, if efforts like Debt Free U’s are successful, they will help prevent the “poverty mentality” that can lead to subsistence living (i.e. struggling to pay off one’s debt instead of envisioning and working toward a future-minded, built-to-last sustainable infrastructure). After all, having a huge debt hanging over one’s head isn’t the best energy-garnering tool.
So let’s keep pushing this word a bit more.
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