We recently conducted an informal poll of the social workers we deal with every day and asked them what they thought was the #1 social malady threatening the country today. Their answer might surprise you; more than the opioid epidemic; more than veterans affairs; more than homelessness; more than woman’s rights; more than economic imbalance; more than education issues; more than civil rights; more than the environment; the problem that was cited more than any other was – STUDENT DEBT!
Let’s begin 2019 with some good news…
This Christmas Brian Breach got into the spirit of giving, but with a twist; he decided to give to givers. He dressed down as if he were homeless, printed a sign that asked for donations to feed his family at Christmas, and stood in front of a mall with a tin cup. When anyone approached and dropped coins into his cup, he would give them a crisp new $100 bill. “I wanted to recognize the good giving people who would willingly share the little they have to help a stranger in need.”
In the past twenty years, student debt has become a major social and political issue in our country. As government guaranteed student loans became more widely available, colleges began to raise their tuition rates to keep pace with the expansion boom that ready government financing created. More students required more professors and facilities to accommodate their needs, and colleges needed more money to pay for the growth. The result, of course, is that students borrowed more and more money to pay inflated tuition and fees and subsequently became burdened with overwhelming debt.