art-19 | One of the pillars of the American Dream has been that of seeing your
children go to college. And, for the many families that can't afford
the cost of soaring university tuitions, a new controversial institution
has arisen to address the problem. That institution is Sugar Baby
University, a tuition assistance campaign that attempts to allow
attractive young women, and a smaller number of handsome young men, find
generous older men to date in the quest to complete a new version of
the American Dream by graduating debt free in an era which has made it
all but impossible to discharge student debt even in personal bankruptcy
since 2005.
This year, Sugar Baby University is
'graduating' it's fifth class with thousands of alumni in its network
that stretches from coast to coast and includes institutions of
higher education from local community colleges to research universities
and ivy league colleges. If you know many young graduates, the chances
have been increasing that one of them has quietly matriculated in
response to the crisis of crushing debt payments. Yet despite
widespread awareness of the program on campuses by students and
financial aid advisors via word of mouth, the world of Universities and
mainstream media news outlets have tacitly given their approval to the
campaign by remaining strangely silent as tuitions have continued to
climb an unbelievable average of 8-9% per year.
In this
episode we do not pass judgement on Sugar Baby University, it's parent
company 'Seeking Arrangement' or it's spokesperson Kimberly De La Cruz,
who is our guest. Rather, we celebrate their openness to discuss the
situation, and question, instead, the universities, politicians, media,
and the lending industry, who have quietly created the desperate need
for this program which they do not openly discuss and prefer not to
address at all.
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