 Educational Monkey Business Many in the political media lament that August is the worst month of the year for news gathering. While President Obama was already back in DC and working yesterday, Congress is still out for another couple weeks - meaning that there is little news coming from the Capitol.
Schools, however, are back in session nationwide, and that lull in stupidity from Capitol Hill gives writers and journalists a chance to revisit certain issues we may not have been able to fully close out earlier in the summer.
For example, the student loan fiasco that got quietly resolved in July, and the legislation that President Obama signed earlier this month.
As we noted in July, and again before that in April, the student loan industry has become a massive racket, the kind of monkey on the back of Americans that seems cute at first and - literally for some - turns deadly later.
Even though the numbers surrounding America's student loan beast are clear and terrifying, we still encounter large numbers of people who scoff at the idea that the student loan problem is as bad as it is, or that America has broken any kind of contract that it's made with the young.
So we're going a bit gorilla today, and we're going to hit you over the head with a piece by Matt Taibbi, of Rolling Stone... |
