• cerement@slrpnk.net
    link
    fedilink
    arrow-up
    0
    ·
    5 months ago

    before the privatization of Sallie Mae, post-secondary education was somewhat affordable in the US (limiting itself more to racial discrimination) – after the privatization, they started raising the rates of student loans, became a collector of student loans, started subsidizing loans offered directly from the institutions which allowed post-secondary institutions to raise their fees through the roof driving people into bankruptcy