The student debt bomb

Out of all the arguments and excuses that people manufacture to justify the financialisation of society, the most difficult one to accept is that creating a market in education is the only way it can be funded. This view becomes even harder to justify when it is promoted by a generation of people who benefited from free further education. As many of that generation are now drawing their triple-lock pensions, a younger generation of students are being lumbered with eye-watering amounts of debt, which begs a very simple question: why have British politicians turned the classroom into an asset class?