{"id":17426,"date":"2014-04-19T20:17:46","date_gmt":"2014-04-19T20:17:46","guid":{"rendered":"http:\/\/rafaelfajardo.com\/portfolio\/even-luckier-your-mom-decides-to-stay-home-during\/"},"modified":"2014-04-19T20:17:46","modified_gmt":"2014-04-19T20:17:46","slug":"even-luckier-your-mom-decides-to-stay-home-during","status":"publish","type":"post","link":"https:\/\/rafaelfajardo.com\/portfolio\/even-luckier-your-mom-decides-to-stay-home-during\/","title":{"rendered":""},"content":{"rendered":"<blockquote><p>Even luckier, your mom decides to stay home during your formative cognitive years so she can read you storybooks on the sofa, and help you play alphabet building blocks on the carpet. Except, in that case, she hasn\u2019t been able to earn anything in the free-enterprise system enabling her to put aside for your college tuition, and so\u2014even though you really excelled in public school and are all excited about going on to university\u2014there\u2019s no money to buy the tuition with, in which case you become a customer of one of the more lucrative operations in the American free-enterprise system (the student loan business) and borrow the dollars for your college tuition, which means that when you finally graduate and get that good first job and start earning, a substantial portion of what you earn will have to go towards paying off your $29,000 student debt instead of buying the things for your good life. If you happen to marry someone in the same boat, your young, starting out family now has a combined debt of nearly $60,000\u2014and you haven\u2019t even bought anything yet! Which you won\u2019t be doing anytime soon, either, because not only do you have pay back the $60,000 (plus interest and penalties) you have to start saving immediately for the day care expenses for your future toddlers (what else did you get married for?) which you\u2019ll be forced to incur because staying home to read them storybooks is not an option since it\u2019s going to take all of two incomes to pay off your college debt while at the same time saving for your kid\u2019s future college tuition.<\/p><\/blockquote>\n<div class='attribution'>\n<p><a href=\"http:\/\/neweconomicperspectives.org\/2014\/04\/business-strategy-long-overdue.html\">Free Enterprise Inc.<\/a> (via <a class=\"tumblr_blog\" href=\"http:\/\/celaenoo.tumblr.com\/\">celaenoo<\/a>)<\/p>\n<p>In many instances the situation is worse. But this is a fair representation of a systemic trap in which many are caught.<\/p>\n<p>(via <a class=\"tumblr_blog\" href=\"http:\/\/notational.tumblr.com\/\">notational<\/a>)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Even luckier, your mom decides to stay home during your formative cognitive years so she can read you storybooks on the sofa, and help you play alphabet building blocks on the carpet. Except, in that case, she hasn\u2019t been able to earn anything in the free-enterprise system enabling her to put aside for your college [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"quote","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[],"class_list":["post-17426","post","type-post","status-publish","format-quote","hentry","category-words","post_format-post-format-quote"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6PWot-4x4","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/posts\/17426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/comments?post=17426"}],"version-history":[{"count":0,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/posts\/17426\/revisions"}],"wp:attachment":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/media?parent=17426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/categories?post=17426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/tags?post=17426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}