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

 

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.