you should go to Gaza and tell people that every exploding building is secretly about America
ugh, that video.
Yes, bourgie white people! The world exists only for you!
I think I love you for this
@thethetk But you have to actually present info that "very recent changes" are in fact dramatic. And nobody has done that, here. The notion that there is some clear and major difference in the student loan debts of graduates from the past five years and those from the past fifteen is totally unproven to me.
@KarenUhOh If you don't like the Brookings Institution, this piece pulls from Harvard, the NBER, the NCES, the BLS, UChicago....
@Matthew Darling@facebook Right. That's an enormous sample.
@117873389@twitter Right. He's just flatly misread the methodology.
@KarenUhOh And they have been stitched together into a narrative that is not supportable by data, but you're not allowed to say that. Hence the comments on this post.
I don't know why it's so hard for people to reconcile these various ideas:
1. The student loan debt crisis is a crisis, both structurally and morally.
2. Its size and damage has been consistently overblown. The notion that it is anything like the size or danger of the housing bubble is absolutely absurd. It's orders of magnitude smaller and vastly less dangerous to the greater economy.
3. American college graduates are without question some of the most economically secure people in the world. They far outperform both international averages and people in America without degrees. People keep trying to argue that it's not financially worth it to go to college anymore, and that keeps not being true. And it's only people who already enjoy the benefits of a college degree that make that claim.
I have been arguing about ways to reduce the cost of college, to reinvest in higher education, and end this student loan crisis. But I've also been consistently frustrated by the refusal of people to take a responsible, non-hysterical look at the actual numbers, which are not what they've been represented to be. But people refuse to do so, and they become very, very unhappy when you ask them to. Because this is just a fact: student loan debt has become a way in which an inarguably privileged class of people gets to play act the role of oppressed. That's just reality. But I have a feeling that the type of people who write for the Awl, and the type of people who read it, have their minds made up, regardless of evidence!
Also, your methodological critiques here leave a lot to be desired. Seriously.
"Literally what they are saying there is that the information on which they are basing a sweeping assessment of American student loan debt is based on a sample in which 25% of those surveyed were "high-income households." This is insane."
No. Read it again.
"This is literally not at all a study of college graduates of the last five years, or even ten years"
Where are you getting that? It includes people in the age range from 20-30, which undoubtedly covers college graduates from the last 5-10 years.
"it kills quickly, sometimes within days"
Which limits its danger. Diseases that kill very quickly are actually less likely to become pandemic than diseases such as HIV/AIDS that kill slowly, because there's less opportunity for them to spread. People who get visibly sick quickly are easier to avoid, have less opportunity to travel and spread the disease, and generally less time in which to infect others. In fact, it's precisely because HIV has such a long incubation period that made it such a terribly pernicious virus; you can have it for a long, long time without knowing it, making it much more likely that you'll spread it to others. It's slowness is its danger.