But what grabs my attention is that Wallace has come up with the key document about the appalling Student Loan atrocity about which Peter Brimelow wrote in Gang Of 8 Plans Further Immiseration Of New College Graduates
Student Loans W. signed a 2005 bankruptcy law that prevented students from discharging their student loans by declaring bankruptcyThis links to How the Bush Administration Pointlessly Screwed Over Student Borrowers by Jordan Weissmann Slate.com April 16, 2015
This throwback to medieval lending laws is causing immense misery to many of America’s most able young people. (and the article suggests a promising escape route).
But from the VDARE.com perspective this issue is hugely exacerbated by the Cheap Labor Lobby’s greed. If traditional Student jobs were not taken by migrant workers and entry level jobs were not devalued by excessive H1-B floods, the young would be better able to meet these debts.
It’s the Immigration, Stupid!