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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (149428)6/28/2019 6:22:53 PM
From: marcher1 Recommendation

Recommended By
ggersh

  Respond to of 218068
 
--usa education system...even as much of the system is dysfunctional for reasons other than
resources / methods--

neoliberal number games, race-to-the-top/bottom blaming/distraction, squeezing profits...
er, employees ... er, student/widgets... or
maybe just perverse incentives all round:

"...investors in companies that manage student loans are expressing concern...Democratic
lawmakers have won praise from activists for building momentum around ending student debt,
but raised fears on Wall Street... Investors raised the issue on recent earnings calls,
warning that the political push for clearing student debt could harm future returns.

...“I wouldn’t read too much yet into the proposals of individual Democratic candidates,”
responded Roger Crosby Hochschild, chief executive of Discover. “I think we have a long
way to go before anyone’s elected or anything gets put into law.” Hochschild noted that
the student loan business “continues to perform well” and expressed confidence that
little would change.

...The companies that dominate the student loan market — Discover, Sallie Mae, Navient,
and Nelnet — maintain robust lobbying operations."

theintercept.com