A Debtors’ Movement In Student Loans

The entire for-profit education model is predatory and financially unstable, and exploits students’ dreams of a college education.

Source: The Victims of For-Profit Education Are Creating a Debtors’ Movement

Just as for-profit college scams represent the dregs of a cesspool of debt pervading the higher education infrastructure, the scandalized schools’ forced arbitration clauses reflect an underlying pattern of economic predation: coercive arbitration agreements have curtailed access to civil courts for workers and consumers in many sectors, through contracts for employment and various financial services.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s