“I think Gen Z will not be ignored, and … a lot of those folks are tired of parties. Their entire life, people have been lying to them and not coming through.”
before the privatization of Sallie Mae, post-secondary education was somewhat affordable in the US (limiting itself more to racial discrimination) – after the privatization, they started raising the rates of student loans, became a collector of student loans, started subsidizing loans offered directly from the institutions which allowed post-secondary institutions to raise their fees through the roof driving people into bankruptcy
Banana republic – “Chiquita, formerly known as United Fruit”