“[David] Graeber relates the story of a women he met who got a Ph.D. from Columbia University, but whose $80,000 debt load put an academic career off-limits, since adjuncts earn close to nothing. Instead, the woman wound up working as an escort for Wall Street types. ‘Here’s someone who ought to be a professor,’ Graeber explains, ‘doing sexual services for the guys who lent her the money.’”
—Thomas Frank, “The Price of Admission,” Harper’s Magazine, June 2012
(Via Boston Review.)
As KRS-One put it on “Questions and Answers” in 1992, “Kick up that money, ho. Oh, I mean tuition.”
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