Posts Tagged “usury”

Why Not Forgive All Student Loans to Artists to Stimulate the Economy?

09.22.2011  |  By
Filed under: Essay

If big banks, credit card companies, and Wall Street firms can get hundreds of billions of dollars in bailouts and loan forgiveness, why can’t the students of America? Or more precisely, the art students of America? The way I see it is that the most creative people in the country are waiting tables, slaving away as secretaries, and doing menial jobs because their art degrees haven’t translated into earning potential. As a consequence, possibly tens of thousands — or maybe hundreds of thousands — of creative people around the country have given up their art and switched to non-art activities in order to pay the rent. So in 2009 (most recent year for census data), out of the 89,140 BFAs, 14,918 MFAs, and 1,569 PhDs granted in fine arts, just how many of those people are really making a living in the arts? My guess is: not many.

Does that seem fair? When the housing bubble popped and the economic crisis began, politicians never expected the bankers and Wall Street traders to give ... More