Student Loans Now Part of Victimhood Culture

Student Loans Now Part of Victimhood Culture

It must be difficult for students today… constantly deflecting laser-like "micro-aggressions" from minor affronts, constantly seeking "safe spaces" from scary ideas, and constantly anticipating "trigger-warnings" from insensitive academia. No doubt, all victims of a culture of cruelty. And now students and relatives must be vigilant for the newest neighbor moving into the inclusive victimhood:  student loans.

Tom Lindsay, contributor to forbes.com, makes the case in a piece titled, "The Latest — And Surprising — Victims of the Student-Loan Debt Crisis: Older Americans." Lindsay cites a report recently issued by the Consumer Financial Protection Bureau. The report finds that the number of those ages 60 and older with student loan debt has "quadrupled over the last decade in the United States, and the average amount they owe has also dramatically increased." Approximately 2.8 million of these borrowers owe $66.7 billion in student loans. Unsurprisingly, "73 percent of student loan borrowers age 60 and older report that their student debt is owed for a child's and/or grandchild's education," with the remaining 27 percent financing either their own or their spouse's education.