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Degrees of deception: How America’s universities became debt factories – Anand Sanwal

Summary by anandsanwal.me
Here's a puzzle: how do you create a trillion-dollar debt bubble that can't be popped? Answer: make student loans non-dischargeable in bankruptcy.  Now, here's a trickier one: how do you fix this mess when the solution threatens a multibillion-dollar industry? This isn't just a theoretical exercise.  It's the reality we're living in.  The U.S. student…

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