HW 1/30

  1. Kamenetz’s proposal is very controversial. There are a lot of people, especially students who believe something must be done to fix the student debt crisis, and stopping the modern generation from getting into college without realizing what the cost really is. It’s controversial because as students lose money, others gain money. Universities and credit card companies live to suck these students bank accounts dry, and they won’t let students start finding a solution without a fight.
  2. Students, mostly, are the people that will agree with the proposal. They understand they’re in a financial crisis, and want change. Unfortunately not much is done from student protests.
  3. Those who would not agree with the proposal are those gaining money from the students. The universities are the main one. They give out free T-shirts and keychains, and lure students in without letting them know the real financial promise they’re signing. Credit card companies may also not agree. Many college students get credit cards without knowing any better, and soon rack up credit card debt alongside school debt because they needed something to pay for things.

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