College is a socially expected consumption good, but still, what we’re seeing now is the real reason exposed when all the secondary reasons (Earn a paycheck! Join the world of 9-5 office work!) have evaporated. Most people go to college for personal fulfillment — to achieve all kinds of ends way high up on Maslow’s hierarchy. The rest is secondary.
If you can achieve those ends via cheap, subsidized public loans, then that’s just all kinds of win for you. And if you can get the public to write off those loans — because hey, we’re sticking it to the 1%! — well, Jesus Christ. Maybe you did learn something in college after all.
— Jason Kuznicki
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