Debts Getting Us Down? Make Like Solon and Shake it Off

Suda, Sigma 289

“Seisakhtheia: Shaking off burdens. The abolition of public and private debts which Solon introduced. Its name comes from the Athenian habit of having the poor work with their bodies for their creditors. When they finished the debt it was like “shaking [aposeisasthai] off the burden” [akhthos]. For this situation, as Philokhoros sees it, the burden was really “voted off”.

Σεισάχθεια: χρεωκοπία δημοσίων καὶ ἰδιωτικῶν, ἣν εἰσηγήσατο Σόλων. εἴρηται δέ, παρ’ ὅσον ἔθος ἦν ᾿Αθήνησι τοὺς ὀφείλοντας τῶν πενήτων σώματι ἐργάζεσθαι τοῖς χρήσταις· ἀποδόντας δὲ οἱονεὶ τὸ ἄχθος ἀποσείσασθαι· ὡς Φιλοχόρῳ δὲ δοκεῖ, ἀποψηφισθῆναι τὸ ἄχθος.

Suda, Sigma 779

“Solon the law-giver of the Athenians, persuaded by friends who were in debt, introduced the cancellation of debts.”

Σόλων: ὅτι Σόλων ὁ νομοθέτης Ἀθηναίων, φίλων ἡττώμενος ὀφειλόντων, χρεῶν εἰσηγήσατο ἀποκοπάς.

File:Solon, the wise lawgiver of Athens.jpg - Wikimedia Commons

Diogenes Laertius, Lives of the Eminent Philosophers 1.2. 45

“Solon the son of Exekestides, born at Salamis, was the first to introduce the Abolition of Debts for the Athenians. This was a release of bodies and property. For people used to borrow money with their bodies as collateral and many were compelled to work as servants because of poverty. Indeed, he rejected a debt of seven talents due to him because of his father and advised the rest to do what he did. The law is called shaking-off-the-burden for obvious reasons.

Σόλων Ἐξηκεστίδου Σαλαμίνιος πρῶτον μὲν τὴν σεισάχθειαν εἰσηγήσατο Ἀθηναίοις· τὸ δὲ ἦν λύτρωσις σωμάτων τε καὶ κτημάτων. καὶ γὰρ ἐπὶ σώμασιν ἐδανείζοντο καὶ πολλοὶ δι᾿ ἀπορίαν ἐθήτευον. ἑπτὰ δὴ ταλάντων ὀφειλομένων αὐτῷ πατρῴων συνεχώρησε πρῶτος καὶ τοὺς λοιποὺς τὸ ὅμοιον προὔτρεψε πρᾶξαι. καὶ οὗτος ὁ νόμος ἐκλήθη σεισάχθεια· φανερὸν δὲ διὰ τί.

A Student Debt Proposal: Collect The Balance In Hell

Valerius Maximus, Wonndrous Deeds and Sayings 2.6.10

“This ancient custom of the Gauls returns to my mind as I leave their walls: The story goes that they used to loan money which was scheduled to be repaid in the underworld, because they considered human souls to be immortal. I would call them fools if they didn’t believe the same thing wearing pants as Pythagoras did wrapped in his cloak.”

Horum moenia egresso vetus ille mos Gallorum occurrit,quo[s] memoria proditum est pecunias mutuas, quae iis apud inferos redderentur, da<ri soli>tas,  quia persuasum habuerint animas hominum immortales esse. dicerem stultos, nisi idem bracati sensissent quod palliatus Pythagoras credidit.

Image result for Ancient Roman Loans

 

In Support of Killing Student Loans: Make Like Solon and Shake it Off

Suda, Sigma 289

“Seisakhtheia: Shaking off burdens. The abolition of public and private debts which Solon introduced. Its name comes from the Athenian habit of having the poor work with their bodies for their creditors. When they finished the debt it was like “shaking [aposeisasthai] off the burden” [akhthos]. For this situation, as Philokhoros sees it, the burden was really “voted off”.

Σεισάχθεια: χρεωκοπία δημοσίων καὶ ἰδιωτικῶν, ἣν εἰσηγήσατο Σόλων. εἴρηται δέ, παρ’ ὅσον ἔθος ἦν ᾿Αθήνησι τοὺς ὀφείλοντας τῶν πενήτων σώματι ἐργάζεσθαι τοῖς χρήσταις· ἀποδόντας δὲ οἱονεὶ τὸ ἄχθος ἀποσείσασθαι· ὡς Φιλοχόρῳ δὲ δοκεῖ, ἀποψηφισθῆναι τὸ ἄχθος.

Suda, Sigma 779

“Solon the law-giver of the Athenians, persuaded by friends who were in debt, introduced the cancellation of debts.”

Σόλων: ὅτι Σόλων ὁ νομοθέτης Ἀθηναίων, φίλων ἡττώμενος ὀφειλόντων, χρεῶν εἰσηγήσατο ἀποκοπάς.

File:Solon, the wise lawgiver of Athens.jpg - Wikimedia Commons

Diogenes Laertius, Lives of the Eminent Philosophers 1.2. 45

“Solon the son of Exekestides, born at Salamis, was the first to introduce the Abolition of Debts for the Athenians. This was a release of bodies and property. For people used to borrow money with their bodies as collateral and many were compelled to work as servants because of poverty. Indeed, he rejected a debt of seven talents due to him because of his father and advised the rest to do what he did. The law is called shaking-off-the-burden for obvious reasons.

Σόλων Ἐξηκεστίδου Σαλαμίνιος πρῶτον μὲν τὴν σεισάχθειαν εἰσηγήσατο Ἀθηναίοις· τὸ δὲ ἦν λύτρωσις σωμάτων τε καὶ κτημάτων. καὶ γὰρ ἐπὶ σώμασιν ἐδανείζοντο καὶ πολλοὶ δι᾿ ἀπορίαν ἐθήτευον. ἑπτὰ δὴ ταλάντων ὀφειλομένων αὐτῷ πατρῴων συνεχώρησε πρῶτος καὶ τοὺς λοιποὺς τὸ ὅμοιον προὔτρεψε πρᾶξαι. καὶ οὗτος ὁ νόμος ἐκλήθη σεισάχθεια· φανερὸν δὲ διὰ τί.

or, just collect the balance in hell

Valerius Maximus, Wondrous Deeds and Sayings 2.6.10

“This ancient custom of the Gauls returns to my mind as I leave their walls: The story goes that they used to loan money which was scheduled to be repaid in the underworld, because they considered human souls to be immortal. I would call them fools if they didn’t believe the same thing wearing pants as Pythagoras did wrapped in his cloak.”

Horum moenia egresso vetus ille mos Gallorum occurrit,quo[s] memoria proditum est pecunias mutuas, quae iis apud inferos redderentur, da<ri soli>tas,  quia persuasum habuerint animas hominum immortales esse. dicerem stultos, nisi idem bracati sensissent quod palliatus Pythagoras credidit.

Four Years of Presidential Memories: A Student Debt Proposal, Collect The Balance In Hell

This charming detail from Valerius Maximus might be the perfect rider for an education bill right about now…

Valerius Maximus, Wondrous Deeds and Sayings 2.6.10

“This ancient custom of the Gauls returns to my mind as I leave their walls: The story goes that they used to loan money which was scheduled to be repaid in the underworld, because they considered human souls to be immortal. I would call them fools if they didn’t believe the same thing wearing pants as Pythagoras did wrapped in his cloak.”

Horum moenia egresso vetus ille mos Gallorum occurrit,quo[s] memoria proditum est pecunias mutuas, quae iis apud inferos redderentur, da<ri soli>tas,  quia persuasum habuerint animas hominum immortales esse. dicerem stultos, nisi idem bracati sensissent quod palliatus Pythagoras credidit.

Image result for Ancient Roman Loans

A Student Debt Proposal: Collect The Balance In Hell

Long before the plague hit us, economic reports were concerned that we are hitting a tipping point for student loans. It is telling (and damning) that certain sectors consider student loans a crisis only when delinquent payments reach a certain point. It was totally fine when two generations of students had their entire lives shaped by the cost of education….

This charming detail from Valerius Maximus might be the perfect rider for an education bill right about now…

Valerius Maximus, Wondrous Deeds and Sayings 2.6.10

“This ancient custom of the Gauls returns to my mind as I leave their walls: The story goes that they used to loan money which was scheduled to be repaid in the underworld, because they considered human souls to be immortal. I would call them fools if they didn’t believe the same thing wearing pants as Pythagoras did wrapped in his cloak.”

Horum moenia egresso vetus ille mos Gallorum occurrit,quo[s] memoria proditum est pecunias mutuas, quae iis apud inferos redderentur, da<ri soli>tas,  quia persuasum habuerint animas hominum immortales esse. dicerem stultos, nisi idem bracati sensissent quod palliatus Pythagoras credidit.

Image result for Ancient Roman Loans

 

In Support of Killing Student Loans: Make Like Solon and Shake it Off

Suda, Sigma 289

“Seisakhtheia: Shaking off burdens. The abolition of public and private debts which Solon introduced. Its name comes from the Athenian habit of having the poor work with their bodies for their creditors. When they finished the debt it was like “shaking [aposeisasthai] off the burden” [akhthos]. For this situation, as Philokhoros sees it, the burden was really “voted off”.

Σεισάχθεια: χρεωκοπία δημοσίων καὶ ἰδιωτικῶν, ἣν εἰσηγήσατο Σόλων. εἴρηται δέ, παρ’ ὅσον ἔθος ἦν ᾿Αθήνησι τοὺς ὀφείλοντας τῶν πενήτων σώματι ἐργάζεσθαι τοῖς χρήσταις· ἀποδόντας δὲ οἱονεὶ τὸ ἄχθος ἀποσείσασθαι· ὡς Φιλοχόρῳ δὲ δοκεῖ, ἀποψηφισθῆναι τὸ ἄχθος.

Suda, Sigma 779

“Solon the law-giver of the Athenians, persuaded by friends who were in debt, introduced the cancellation of debts.”

Σόλων: ὅτι Σόλων ὁ νομοθέτης Ἀθηναίων, φίλων ἡττώμενος ὀφειλόντων, χρεῶν εἰσηγήσατο ἀποκοπάς.

File:Solon, the wise lawgiver of Athens.jpg - Wikimedia Commons

Diogenes Laertius, Lives of the Eminent Philosophers 1.2. 45

“Solon the son of Exekestides, born at Salamis, was the first to introduce the Abolition of Debts for the Athenians. This was a release of bodies and property. For people used to borrow money with their bodies as collateral and many were compelled to work as servants because of poverty. Indeed, he rejected a debt of seven talents due to him because of his father and advised the rest to do what he did. The law is called shaking-off-the-burden for obvious reasons.

Σόλων Ἐξηκεστίδου Σαλαμίνιος πρῶτον μὲν τὴν σεισάχθειαν εἰσηγήσατο Ἀθηναίοις· τὸ δὲ ἦν λύτρωσις σωμάτων τε καὶ κτημάτων. καὶ γὰρ ἐπὶ σώμασιν ἐδανείζοντο καὶ πολλοὶ δι᾿ ἀπορίαν ἐθήτευον. ἑπτὰ δὴ ταλάντων ὀφειλομένων αὐτῷ πατρῴων συνεχώρησε πρῶτος καὶ τοὺς λοιποὺς τὸ ὅμοιον προὔτρεψε πρᾶξαι. καὶ οὗτος ὁ νόμος ἐκλήθη σεισάχθεια· φανερὸν δὲ διὰ τί.

or, just collect the balance in hell

Valerius Maximus, Wondrous Deeds and Sayings 2.6.10

“This ancient custom of the Gauls returns to my mind as I leave their walls: The story goes that they used to loan money which was scheduled to be repaid in the underworld, because they considered human souls to be immortal. I would call them fools if they didn’t believe the same thing wearing pants as Pythagoras did wrapped in his cloak.”

Horum moenia egresso vetus ille mos Gallorum occurrit,quo[s] memoria proditum est pecunias mutuas, quae iis apud inferos redderentur, da<ri soli>tas,  quia persuasum habuerint animas hominum immortales esse. dicerem stultos, nisi idem bracati sensissent quod palliatus Pythagoras credidit.

A Sick Country and a Tyrannical Soul

Demosthenes, Or. 19.258

“Citizens, it is always right to hate and hinder traitors and corrupt people, but at this current moment, this would be necessary help to all humankind. For a terrible and harsh sickness has come over our country, one which needs great luck and your constant attention.”

Ἀεὶ μὲν γάρ, ὦ ἄνδρες Ἀθηναῖοι, προσήκει μισεῖν καὶ κολάζειν τοὺς προδότας καὶ δωροδόκους, μάλιστα δὲ νῦν ἐπὶ τοῦ καιροῦ τούτου γένοιτ᾿ ἂν καὶ πάντας ὠφελήσειεν ἀνθρώπους κοινῇ. νόσημα γάρ, ὦ ἄνδρες Ἀθηναῖοι, δεινὸν ἐμπέπτωκεν εἰς τὴν Ἑλλάδα καὶ χαλεπόν, ὃ πολλῆς τινος εὐτυχίας καὶ παρ᾿ ὑμῶν ἐπιμελείας δεόμενον

Plato, Republic 9, 575c

“I said, well, these minor crimes are small in comparison to serious ones but all of these are not one step in the direction—as the proverb goes—to the evil and suffering a tyrant introduces. For whenever there are many people like this and others who follow them and they sense how large their followers are, then these are the people who produce a tyrant with the ignorance of the people, a man who has the biggest and most tyrant-like nature in his soul.”

Τὰ γὰρ σμικρά, ἦν δ’ ἐγώ, πρὸς τὰ μεγάλα σμικρά ἐστιν, καὶ ταῦτα δὴ πάντα πρὸς τύραννον πονηρίᾳ τε καὶ ἀθλιότητι πόλεως, τὸ λεγόμενον, οὐδ’ ἵκταρ βάλλει. ὅταν γὰρ δὴ πολλοὶ ἐν πόλει γένωνται οἱ τοιοῦτοι καὶ ἄλλοι οἱ συνεπόμενοι | αὐτοῖς, καὶ αἴσθωνται ἑαυτῶν τὸ πλῆθος, τότε οὗτοί εἰσιν οἱ τὸν τύραννον γεννῶντες μετὰ δήμου ἀνοίας ἐκεῖνον, ὃς ἂν αὐτῶν μάλιστα αὐτὸς ἐν αὑτῷ μέγιστον καὶ πλεῖστον ἐν τῇ ψυχῇ τύραννον ἔχῃ.

A reminder: words for treason and a post:

ἀπιστία, “treachery”
προδοσία, “high treason”, “betrayal”
προδότης “traitor”
ἐπιβουλή, “plot”

Etymologies for the word “tyrant”:

Euripides, fr. 267

“The sick state is ingenious at discovering crimes.”

δεινὴ πόλις νοσοῦσ’ ἀνευρίσκειν κακά.

And the evergreen:

Sophocles, fr. 873 [= Mich. Apostol 13.8]

“Whoever does business with a tyrant is
That man’s slave, even if he starts out free.”

ὅστις γὰρ ὡς τύραννον ἐμπορεύεται
κείνου ‘στι δοῦλος, κἂν ἐλεύθερος μόλῃ.

Fragment: Harmodius and Aristogeiton

A Student Debt Proposal: Collect The Balance In Hell

Recent reports say we are hitting a tipping point for student loans. It is telling (and damning) that certain sectors consider student loans a crises only when delinquent payments reach a certain point. It was totally fine when two generations of students had their entire lives shaped by the cost of education….

This charming detail from Valerius Maximus might be the perfect rider for an education bill right about now…

Valerius Maximus, Wondrous Deeds and Sayings 2.6.10

“This ancient custom of the Gauls returns to my mind as I leave their walls: The story goes that they used to loan money which was scheduled to be repaid in the underworld, because they considered human souls to be immortal. I would call them fools if they didn’t believe the same thing wearing pants as Pythagoras did wrapped in his cloak.”

Horum moenia egresso vetus ille mos Gallorum occurrit,quo[s] memoria proditum est pecunias mutuas, quae iis apud inferos redderentur, da<ri soli>tas,  quia persuasum habuerint animas hominum immortales esse. dicerem stultos, nisi idem bracati sensissent quod palliatus Pythagoras credidit.

Image result for Ancient Roman Loans

 

A Student Debt Proposal: Collect The Balance In Hell

This charming detail from Valerius Maximus might be the perfect rider for an education bill right about now…

Valerius Maximus, Wondrous Deeds and Sayings 2.6.10

“This ancient custom of the Gauls returns to my mind as I leave their walls: The story goes that they used to loan money which was scheduled to be repaid in the underworld, because they considered human souls to be immortal. I would call them fools if they didn’t believe the same thing wearing pants as Pythagoras did wrapped in his cloak.”

Horum moenia egresso vetus ille mos Gallorum occurrit,quo[s] memoria proditum est pecunias mutuas, quae iis apud inferos redderentur, da<ri soli>tas,  quia persuasum habuerint animas hominum immortales esse. dicerem stultos, nisi idem bracati sensissent quod palliatus Pythagoras credidit.

Image result for Ancient Roman Loans

 

I am a tenured professor and I am still paying off my student loans. I know many people who have based their financial futures around certain assumptions about their fees and forgiveness opportunities. Our new administration is not taking this burgeoning crisis seriously.