When the choices are pretty much acquire debt or die/starve, it’s not much of a choice. Prior generations were offered amazing work opportunities plus past legislation making the ladder to financial freedom much more difficult to climb, what did they expect?! Like how are they the ones struggling to understand why this is happening…Says a whole lot about their level of detachment from reality.
Late stage capitalism is basically reverting back to feudalism. You have a handful of oligarchs who own everything while the rest of the population is in debt up to their ears and owns nothing. The debt slaves are then forced to toil without any hope of actually getting free.
Fortunately I have no debt. Just staring down the endless void of the rest of my life under capitalism. There has to be more to life.
When college leaves you in crippling debt, jobs pay pennies, and inflation has eaten up all real wage gains, this feels inevitable.
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The trick is that you already have to be rich for it to be a grant, if you’re poor it’s just debt.
