{"id":179755,"date":"2017-11-05T21:08:00","date_gmt":"2017-11-06T02:08:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/11\/05\/read-matt-taibbi-college-loan-edition\/"},"modified":"2017-11-05T21:08:00","modified_gmt":"2017-11-06T02:08:00","slug":"read-matt-taibbi-college-loan-edition","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/11\/05\/read-matt-taibbi-college-loan-edition\/","title":{"rendered":"Read Matt Taibbi: College Loan Edition"},"content":{"rendered":"<p>I really cannot do justice to Taibbi&#8217;s treatment, but it is <a href=\"https:\/\/www.rollingstone.com\/politics\/features\/taibbi-the-great-college-loan-swindle-w510880\">classic Taibbi<\/a>.<\/p>\n<p>His basic thesis is encapsulated in this paragraph:<\/p>\n<blockquote><p><span style=\"color: blue;\">But the separateness of these stories clouds the unifying issue underneath: The education industry as a whole is a con. In fact, since the mortgage business blew up in 2008, education and student debt is probably our reigning unexposed nation-wide scam. <\/span><\/p><\/blockquote>\n<p>The solution is relatively straightforward:&nbsp; Change the law that forbids debtors from using bankruptcy to discharge their debts, and change the loan program so that it no longer encourages tuition inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I really cannot do justice to Taibbi&#8217;s treatment, but it is classic Taibbi. His basic thesis is encapsulated in this paragraph: But the separateness of these stories clouds the unifying issue underneath: The education industry as a whole is a con. In fact, since the mortgage business blew up in 2008, education and student debt &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[368,397,456,464],"class_list":["post-179755","post","type-post","status-publish","format-standard","hentry","tag-corruption","tag-education","tag-finance","tag-good-writing"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179755"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=179755"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=179755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=179755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=179755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}