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Studies show that Massachusetts ranks 12th in the nation in terms of the debt graduating college seniors carry, with an average obligation of $25,541.
In better times, that’s a hefty burden with which to start on a career path. In the middle of the worst economic crisis in more than a generation, it is cruel and unusual punishment.
Unless a graduate has a specialized degree (in, say, engineering, computer science, or nursing) the odds of a finding a job are long. Even those lucky enough to get work are often underemployed — pulling espresso or working part-time.
Brown, together with his Republican colleagues, voted to make a bad situation even worse.
Why?
Because the Democrats’ plan to pay for extending the loan subsidies would have closed a tax loophole often exploited by well-off investors.
In other words, Brown sold out the interests of the poor, the working class, and middle-income families in order to lick the boots of Wall Street, which contributes mightily to his re-election campaign.
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