Jamal Awil

← Cultures of Financialization

Indebted, at risk subjects are less willing or inclined to risk rebellion or refusal. [fact]

Student loans are a good example: Graduating with debt-loads in the tens or hundreds of thousands of dollars, students rely on a university education less to broaden their minds and more to provide them with workplace-ready skills to pay back their loans (although recent student-led movements such as those in Québec and Chile are very promising). Indebted, at risk subjects are less willing or inclined to risk rebellion or refusal, and the university becomes a commodified space where authentic intellectual risks are discouraged and punished.

Max Haiven, Cultures of Financialization, loc. 549