I am a bit confused @Eric Bilderback, or actually a lot confused.......
The statement/argument I hear is each successive generation is falling more and more into servitude of debt. Many words being used in this but that seems to be the underlying foundation statement "servitude of debt", right?
And next, how it's a failure. That confuses me, greatly. It's anything BUT a failure, it's a crowning achievement! It is, very literally, the victory of a conquest spanning decades upon decades. The saddest and funniest part, it's public, right out in the open, not hidden 1-bit just like every great conqueror before they have been broadcasting the intent and the masses simply ignore it all.
Davos 2022, not only did they say it, not only was it cheered, it was the freakin center piece of the entire thing! The filmed a commercial to it! My God what more do people need, seriously, do they gotta put it on your Happy Meals to get anyone to acknowledge it?
It is not by any mistake that the U.S. education system does not have any kind of elaboration of financial or entrepreneurial knowledge. it is NOT an oversight. Welcome to reality, the masses are trained and groomed to be good, docile employees and consumers. That is the reality of things.
And before anyone want's to cry "conspiracy" let me stop you right here and stop that whole pity party for what it is, a giant excuse! It is not a conspiracy, it's called SMART. And "common sense". What else do you expect the top 2% to do? Job #1 for the elite wealthy is to STAY ELITE AND WEALTY, is that a conspiracy or common sense? What would you do if you were born into billions? Yes, you'd love it, and not want to lose it, right.
And again, fact of reality is, most people on this big blue marble don't want to do more, they want to have more but they don't want to do the "more", the "more" that is the difference between a nurse and a brain surgeon, the "more" that separates an attorney who is public defender vs the rock-star litigator, the "more" that separates ALL. My data, it's called LIFE. Most want more but few will pay the requirement to become the "more".
Our society is ran by the elite, we all know this. We never speak it, it's the unsaid truth but we all know it, it's obvious common sense, and the construct makes sense. Yet, we have 0 shortage of the whining as to why doesn't the elite focus on empowering everyone to be millionaires. Because, for every millionaire there must be millions of CONSUMERS. Happy, plebians. That is reality.
Some politicians made ludicrous statements to pander for votes and now countless sheeple have eaten it up with shovels and are demanding why the entire universe can't bend over backwards to praise there every breath. It is an extension and continuation of the PC Generation where nobody looses, ever, and all are "equal".
One thing and ONLY 1 thing in existence is "equal"; DEATH!
Short of death, there is 0 equality in existence.
Any argument of changing such, to make all wealthy, lol, well you might as well start with working on the sun providing "equal opportunity" of summer and winter upon the earth first as that is the easier place to start.
The student loan payout is just yet another bribe for votes, we all know this. If there was actually any focus of equality in it, it would be across the board right, what does income have to do with it, if it is to assist those who put effort forth to education. It's income based, punishing those who put the work to better effective use and rewarding those who did not. Not sure how that defines equal. And if it were to correct any issue in education system, well something, ANYTHING, would be done to actually effect change and improvement in education system. no, it's a shower of $, for the exact demographic one is seeking votes from.
Poverty is a choice. Success is a result. ACTION, what a person DOES, how ever much or little, is the catalyst for which reality one will create & experience.