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[-] markr@lemmy.world 0 points 1 year ago

Student loans were guaranteed way back in boomer days too. So that would be a non-difference.

[-] TPMJB@lemmy.world -1 points 1 year ago

Sallie Mae wasn't even a thing until 1973. Literally not boomers LOL. Federal student loans were very uncommon back before the 90s even and applied to only a few different areas, not everything. It is incredibly clear that something happened in the early 2000s that caused the current fiasco, with both tuition and debt skyrocketing.

https://en.wikipedia.org/wiki/College_tuition_in_the_United_States#/media/File:Tuition_cost_of_college.png

this post was submitted on 26 Jun 2023
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