>Certainly, but the money is trivial. The government creates
>and destroys money like magic; it would take a serious
>destruction of wealth to overcome this magic and have any
>significant effect on anything -- certainly the petty
>thievery of student loan defaulters would not do it.
Neoliberalism for higher education:
* decrease grants for students; * decrease state support for universities; * increase low-paid "irregular" teachers; * raise tuitions; * increase student loans; * make debts more onerous, & collect, collect, collect!
Neoliberalism in general:
* decrease the budget deficit, so much so that the government sees a budget surplus; * roll back real wages & benefits; * increase individual workers' budget deficits & therefore indebtedness as well!
And now George W. Bush:
* use the budget surplus to give tax cuts for the filthy rich!
Yoshie