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Karl Marx's concepts revolve around bridging the rift between the well-to-do in society and the have-nots, thus offering a comprehensive analysis of the difference in social classes. Education empowerment in society can bridge this gap although gradually. Education is a basic necessity, but its cost is skyrocketing towards a level when it becomes a luxury. University education is increasingly becoming too expensive for the average American student. As a result, one can only wonder about the worth of a society where its youth have sunk deep into debts with extraordinary interest rates. Karl Marx's theories aid in comprehending the effects of student loans on social debt and find a way of bridging a gap between the various social classes.
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- Oliver Tumbo (Autor:in), 2020, Student Loan Debt Analysis using Karl Marx’s Concepts, München, GRIN Verlag, https://www.grin.com/document/966976
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