I mentioned College Board in my previous post when it came to talking about cutting college time by a year. Here's a great report from RT (Russia Today) about Occupy influenced protests against the Scholastic Achievement Test, more widely known as the SATs. While I think the report is a bit biased, it still summarizes how fed up people are becoming with how education is being handled. J.A. Myerson, a contributor to Truthout, offers his thoughts.
Student loan debt, corporatism, the testing companies, the banks, the people who are benefiting from the way the education system is currently run are talked about, even though J.A. doesn't mention how these same student loans are a major factor in why college tuition has increased so much, but instead attributes the rise in tuition to the construction projects on campuses, which could also be a factor, but it is not the only one. Myerson ends with this.
"The important point is to make sure that everybody knows that is a national trajectory and that it's part and parcel of late stage capitalism in which financial interests and major corporations essentially act as parasites sucking wealth out all of the institutions and organizations and resources that should be shared in common."
While I do not agree with everything Myerson had to say, I do agree that the bankers have been profiting tremendously off of student loan debt.
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