Our culture is one that preaches that furthering your education is something that is always worth the price tag, but that simply isn't the case. On Monday, presidential candidate Senator Elizabeth Warren unveiled her plan to completely eliminate student debt and make college free.
It's a terrible, financially infeasible idea, which is something that has been pointed out many times over by the more economically literate among us. So, I'd like to ask a different question instead: How did we get here in the first place? How is it that so many young people do have so much debt?
My answer: They were encouraged to take out loans that they could not afford in the first place. They should have known that they didn't stand a chance of paying these loans back, but because our culture told them that they should anyway, they did — and that's wrong.
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