Student Loans & Bankruptcies (was Re: creative financing)

Yoshie Furuhashi furuhashi.1 at osu.edu
Sun Apr 22 08:04:43 PDT 2001


Gordon says:


> > >BUT, the illustration i provided was one in which the person
>> >participating pisses on that public good.
>
>Yoshie Furuhashi:
>> Why should a public good -- education -- be provided through a
>> complex "market" of private lenders, for-profit as well as ostensibly
>> "non-profit," & guarantee agencies, all of which receive government
>> subsidies? ...
>
>Education is not necessarily a public good. From the point
>of view of the ruling class, it's a system to filter and
>select replacement members and servants. As such, a welter
>of variegated agencies involved in funding education for
>those who are not wealthy may serve many desired functions,
>such as testing the number of hoops the subject is ready,
>willing and able to jump through. Eager submission is no
>doubt seen as a desirable quality, now more than ever.

Sure enough, but we have to resist that. As you can see from one of my posts, we are organizing a walkout against the tuition hike, demanding increased state funding.

Yoshie



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