I knew this was going to be the next debt bubble 10 years ago. BlPOCs have been waging a war to destroy the economy since before 2008. They created the 2008 housing collapse by taking out mortgages on homes they knew they could not afford and then letting them default and now they took out education loans they never intended to pay back. Credit scores don't mean anything to them, so who cares if they default on debt. Credit scores are only for whites who live in a civilized society.
I watched education financial advisors handing out school loans to unwed mothers by the boat load while sitting in the finance office of El Centro (community college).
The waiting area was at capacity with young black mothers and children in tow, waiting for the financial advisors. I listened from the booth next to me as the advisors said, "you don't have to worry about paying it back as long as you keep taking the minimum classes". I knew it was just a matter of time that these education loans for African Studies degrees was going to come due.
The cannot live in the world we constructed for ourselves, so they are insistent that we live in their world of garbage. That way we are all equal.
I knew this was going to be the next debt bubble 10 years ago. BlPOCs have been waging a war to destroy the economy since before 2008. They created the 2008 housing collapse by taking out mortgages on homes they knew they could not afford and then letting them default and now they took out education loans they never intended to pay back. Credit scores don't mean anything to them, so who cares if they default on debt. Credit scores are only for whites who live in a civilized society.
I watched education financial advisors handing out school loans to unwed mothers by the boat load while sitting in the finance office of El Centro (community college).
The waiting area was at capacity with young black mothers and children in tow, waiting for the financial advisors. I listened from the booth next to me as the advisors said, "you don't have to worry about paying it back as long as you keep taking the minimum classes". I knew it was just a matter of time that these education loans for African Studies degrees was going to come due.
The cannot live in the world we constructed for ourselves, so they are insistent that we live in their world of garbage. That way we are all equal.