Think about it. You owe the government and you can’t say no. You can’t discharge it in bankruptcy. You can’t even get ahead of the interest sometimes. You’re forced to pay extra money to the government even after your payments have exceeded the principal… how is this not considered a form of taxation without representation?
College debt is a fucking cash cow to fund the military, babies being born and other medical charges on welfare insurance (Medicaid), and to pay inflated government “operating” costs including ridiculous waste and ineffectiveness at the city, state and national level. They call it “student loans” because there would be revolts in the street if they just openly taxed everyone at 50+% in exchange for the lack of actual robust government services.
Those crazy but all too common stories of people owing $50k (amount varies in examples) and after decades they’ve actually paid more than 50k… BUT STILL OWE 50K are being milked by the government unconstitutionally. It’s a tax! Someone prove me wrong ideologically and if you can’t, spread the word that it’s taxation without representation and all interest rates should be dropped to zero/cancelled even if the loans themselves aren’t. No more loans growing forever.