Captive Consumers: How Colleges Prepare Students For a Life of Debt
A certain industry gets five billion dollars a year in exchange for helping to get kids hooked on credit card debt. Why is the left not freaking out about this? Because they industry is higher education. These students are perfectly pre-screened as potential life-long debtors. After all, large proportions of them, just by being at an expensive college studying something of very little financial value and financing it through borrowing have shown that they are not discriminating consumers. This is the second installment in the Chris Bowyer, Grace Bowyer, Hope Bowyer serialized college bubble book on Forbes. Share it with someone who needs it, please.