The quiet revenge of reality against the “everyone deserves a college degree” cult that ignored basic supply-and-demand for worthless majors.
The quiet revenge of reality against the “everyone deserves a college degree” cult that ignored basic supply-and-demand for worthless majors.
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The natural result of telling an entire generation they’re entitled to expensive degrees with zero return on investment, then wondering why they won’t pay it back.
The point where millions realized a $150k liberal arts degree doesn’t pay the bills quite as well as they were told during orientation week.
The harsh math lesson where borrowing money for a low-value education finally catches up to the borrowers who were told it was “an investment.”
The financial reckoning for the generation sold on “follow your passion” instead of “follow the job market.”
The moment the student loan bubble started popping after years of pretending every 18-year-old needed to major in something that rhymes with “oppression studies.”
The harsh reminder that lending hundreds of billions to people with no collateral, no credit history, and no realistic repayment plan was never going to end well.
The predictable outcome when you hand out $1.7 trillion in loans for gender studies degrees and underwater basket weaving, then act shocked when reality shows up with the bill.