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Student debt is a poverty tax on low income families

Students who have to take out loans to go to school wind up paying more than rich people who just pay out of pocket up front.

Ultimately, it's a form of punishment for being low income and wanting higher education.

Correct?
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Picklebobble2 · 56-60, M
Sort of.

It is a con if you were sold the idea that "whatever the cost, you need to find a way to survive a college education for your employment prospects.

It's estimated that most graduates don't survive long in their chosen field simply because starting salaries are so low most seek better paid jobs elsewhere