Loan sharks love this desperation of that $23-33/mo in the budget for clothes, etc.

That’s why the 2008 Recession occurred, the subprime mortgage – people who were risky to begin with were cut mortgages; the liquidity of the bottom workers flopped, and it echoed up the financial food chain. And it’s predatory as hell. The same shit happens to student loans. Students yearn for higher education to improve their lives, and when they leave, they can’t find jobs so the liquidity flops again. The problem with education debt is that it is non-dischargable; you can’t go bankrupt on student loans. WTF!!!