Many Presidential candidates are selling their plans to lift the burden of student loan debt to potential voters. But for millions of the Americans affected by the multigenerational crisis, the only resolution is complete financial absolution.
The threat of another recession is constantly looming above the dreams of a generation that has been robbed of the bare minimum. When matched with employment in a “grind ‘til you die” society, millennials face the terror of less than mediocre wages. And when the time comes, their eyes will find a Grim Reaper wielding a scythe of six-figure debts with insurmountable interest rates and steep penalties. For marginalized students, their collegiate aspirations and academic achievements come with the harsh reality that their debt will never stop following them. And that bitter pill is chased by another when you’re female, another if you’re disabled, another if you’re queer, and another when you’re Black.
If you don’t know better, you can’t do better
Financial literacy is not something that the average student leaves high school with. Yet we are all met with the expectation to attend and obtain a costly postsecondary education. Even before that exhilarating march across the stage comes to an end, diploma in hand, a hefty loan for the future has been secured. For first generation attendees, the high stress of non-negotiable success rests on their shoulders. The same can be said for those from any environment where failure is not an option. In that moment, what was once perceived to be just a contract with numbers and percentages, quickly finds life as an expensive burden carrying the weight of the sacrifices and aspirations of not just individuals, but families.
For those who finish the race of academia, they gain the potential advantage of additional resources to help them conquer their debt. But those who succumb to their circumstances toil like Sisyphus, pushing the boulders of their debt up mountains named Navient and Sallie Mae. As they inch ever closer to the summit of repayment, the unpredictable nuisance of a costly emergency rears its ugly head, forcing the boulder back down the mountain with accumulated interest. And thus, the struggle continues.
Stats Paint A Horrific Picture
When examining the statistics of student loan borrowers, balances span every demographic. By race, gender, and even political views, we are united yet divided by our attachment to a $1.56 trillion debt. But the way in which that debt has been accrued by nearly 45 million Americans in a wavering economy where employment and fair wages are not promised is startling. By examining the rates of student loans and tuition hikes over several decades and reviewing how debt was accrued by race and gender, you learn the true cost of a college education. Those hoping to achieve the unattainable American dream will find that citizens in the margins pay the highest price.
In 2004, the student loan crisis was still an issue. Coming in at $345 billion, the balance almost seems manageable compared to what Americans are facing today. But then and now, the borrowers were majorly comprised of those under the age of 30. Making the decision to collectively borrow billions to finance educations and build their futures, millennials hold almost 65% of all student loan debt. While they do not carry the burden alone, as citizens well into their 60s still hold loans, the compounded stress of facing financial, social, and environmental issues has left a generation in distress.
Black People Impacted Most
Over just 15 years, the burden of student loan debt grew 302%, setting an average debt of $32,731 for each borrower. But just looking at the average does not give one a picture of how skewed the track is for those in the race. The factors of race, sexual orientation, economic status, disability, and gender can all prove to be advantages or setbacks. For instance, Black female borrowers face the hardest truth when it comes to how much of their earnings student loan repayment will consume.
Within the first year of post-graduation income, Black women graduates lose 111% of their paycheck to student loan repayment. For Black men, 89% of their initial earnings are absorbed for student loan debt. These statistics are what made Robert F. Smith’s contribution to the class of 2019 Morehouse graduates so grand. The prospect of stepping into the world of the working professional with financial absolution is not afforded to many in this life. During a time when Black and Brown people are hit the hardest with financial setbacks, such a gesture speaks volumes.
Degreed LGBTQ+ People Struggle For Proper Pay
In addition to the racial barriers that borrowing and repayment can raise, those within the queer community find hurdles of their own to jump. According to a study conducted by Student Loan Hero, the majority of LGBTQ+ student loan borrowers regret taking on debt. Queer borrowers are less likely to be paid appropriately for their work, are frequently denied financial help, and don’t find their student loan debt manageable. When the added costs of being ostracized by one’s family are considered along with the other forms of discrimination queer persons face, the deck is further stacked against them. For many people, this can create a disappointing ultimatum – finishing school and accruing more debt to do so or dropping out to avoid costs becoming too great.
The socioeconomic barriers that prohibit marginalized people from advancing in life are inherently built on White supremacy. The system of student loans and private lending for education are no different in that regard.
This is part one of a two part discussion on the cost of higher education for marginalized groups in America.
The Circle on Netflix Had A Racism Problem
Bey Ain’t Slick
The opinions expressed in this publication are those of Rafael Roden.
For far too long we’ve been giving her passes and today I say enough is enough. People are literally afraid to write about this shit because of the inevitable blowback from people who worship Beyoncé like white Brits worship their actual Queen monarch. So here goes…
Beyoncé is not above criticism. That’s the first thing. I understand the stance many Black people take when another Black person casts an unflattering light on your favorite Artist or celebrity, but not all of it is hating. A lot of it is warranted. And every charge I make in this article is coming from a major fan and someone who used to wanna collaborate with the woman. Understand that I have bias, but that’s not making me not wanna hold Beyoncé accountable for her trash ass actions as of late and the precedent it sets for aspiring “bosses”. And just know she ain’t the only member of the upper echelon guilty of this shit. I’mma take shots at a few other entertainment giants, just you wait.
What set this think piece I didn’t wanna find myself writing into motion was the information stirring around that Mrs. “of course sometimes shit go down when it’s a billion dollars on an elevator” is only paying her dancers and other various performance staff $250 a day without benefits when they are performing at the highest level in the world. I’m even flattering her in my critique so please uncock your pistols. I have caught up on all the tea and these claims are supported by many of the lead performers and solidarity exists within that community. It’s hard to substantiate every last bit of wrong in this whole ordeal, but that’s the crux of the situation. Take me at my word cause there are receipts for days.
Moving back retroactively to the Shawn Carter Foundation Gala (which is where that tacky ass clutch in the picture is from) we find our favorite vocal angel arm & arm with her sell out husband Jay Z (NFL partnership, nuff said) who gave out Rolex and bottles of champagne as invitations to a room full of people worth billions of dollars who only raised $6 million. That’s just stingy. But that’s been written about enough. I just think it’s crazy who get’s in these rooms in the name of seeming to authenticly coming from nothing. Like Fabolous. You know the dude that head butt his then girlfriend and knocked her teeth out? Not Beyoncé’s fault, hell no, but why are abusers around a self proclaimed Feminist? Why are you letting your man invite him? Why did Rihanna try and normalize him at her last few events (which I find quite disgusting considering her history)? The answer is money and optics. The message comes off as “rich black men who are seen as legendary can make the mistake of domestic violence and still deserve A Seat At The Table” (see also Nas who beat Kelis). I just can’t square these conflicts of interest. I need somebody to make it make sense. Because remember, birds of a feather flock together. Beyonce blink twice if you need help. I’m fucking serious. He cheated, who knows if there’s a domestic violence story in there. I don’t put shit past no man at this point. It’s also part of the reason why I stopped identifying as such.
Read the entire piece at RafaelRoden.com
Welcome to Uncle Tom’s Haus of Koonery
So in light of the great news of President Trump getting impeached. I was sent an article from a few twitter mutuals of an interview done by Mikelle Street interviewing everyone’s favorite problematic porn star Max Konner. I knew at that moment I would not receive any peace this week. The article at hand denoted that Konner was beginning his own talent agency for people of color. I did a double-take, but I been on this earth long enough to know a stunt when I see one. In the article, Konnor mentioned the need for porn actors of color needing proper tutelage and education before entering the pornography industry. Which I do agree with, but we also know that seeing the phrasing “people of color” does not mean black people and why would Konner exclusively help his own people? He wouldn’t, but that’s been made very clear that he has no intention of helping the Black LGBTQIA+ community after his behavior during the PR nightmare which and is still NoirMale.com.
I have to be honest that I found the interview to be amazing and at minimal a cross-examination of Konner’s work history, work ethics, and very sorted and messy racially insensitive history. Konner acknowledges that there will be criteria for all those that apply to join the slaveshi-, sorry the Haus of Konner.
He says in the article:
“Right now we have three exclusives: Derek Cline, Jabari Clutch, and Asher Lee. I have a bunch of other submissions but I’m taking my time to go through everything because it is a boutique talent management company. I am not just accepting everybody that applies. I’m trying to pick models who I feel like have what it takes to make it.”
Now, what this statement could subversively say so many things. Firstly, Jabari is the only black presenting model. Derek is racially ambiguous and Asher is Asian. Even in the first stride of selection, there is only one Black person in the mix (pun intended). Secondly, “boutique talent management company” is reading as “no fats, no fem” because knowing the shortness of sight that Konner has he may only present body boys and cis actors that are racially palatable.
Mr. Street follows up with the question:
“The release says that you all are prioritizing “models of color.” Are you referencing all models of color, specifically Black models, or will it be all models with an emphasis on models of color?”
Konner responds with:
“As of right now we are looking at all models of color. I’m trying to decide if I want to have one or two models that don’t necessarily fit that because in doing this I don’t want to become the problem that I’m trying to fight. There are so many avenues and so many arenas where we as models of color are shut down or shut out because of the color of our skin, and I don’t want this to be a thing where we say: OK it’s all models of color and anyone who is not that, get out. So I’m still toying around that, but right now we are exclusively models of color.”
My thoughts are that this is basically saying that “I’m gonna have some good ole boys in the club because I don’t want massa upset with me none.” I’m just saying. Rather than doing the right and altruistic thing and doing an all-black agency. Konner is going to appease the comfort of his white fan base in spite of the fact his black fan base was there for him when he was the porn actor Isaiah Foxx. Which if anything he owes that little boy the world because Konner is fully aware and present on the issues that BLACK porn actors face and what Isaiah a black bottom porn actor felt.
The thing that is further disturbing in the article is when Konnor says this:
“I do plan to send models from Haus of Konnor over to Noir Male but one of my big things is: if I send a model to a studio there’s agreement between me and that studio that nothing that has to do with that model’s race or nothing pertaining to the “BBC experience” is what that model is participating in. I’ve been on jobs where I’ve had no clue what I’ve been working on and then the movies come out and it’s like ‘Oh god!’”
This sounds very historically familiar. So during the slave trade, the Caribbean Islands was used as a large space for sex farms for slaves and “buck breaking”.
Noted on RacistReport.org:
“These male slaves were purchase based entirely on the prerequisite of them possessing a large penis. Black men were routinely raped by their gay slave owners. The process was known as “breaking the buck.”
It involves a strapping Negro slave, who was defiant, was beaten with a whip till bloody in front of his entire slave congregation. The slave owner would cut down a tree and, with the help of the overseer, would then pummel the deviant “buck” into submission. Once the slave was worn down, the master had the other Negro slaves force him over the tree stump where his britches would be removed and he laid fully exposed buttocks, he would remove his own clothing and proceeded to savagely sodomize the buck in front his wife, family, friends, and children.”
Konnor is basically handing these gentlemen over to a problematic porn company ran by the also very racially problematic DJ Chi Chi LaRue. After the debacle with PrEP/U=U advocate, #TakedownTina activist, and now amateur porn actor Jacen Zhu. He stepped away from the company for their purposeful mishandling of race in the studio. We can not trust that Konner will have good intentions.
So let’s be clear. Is there a race issue in gay porn? Absolutely.
Should there be a space cultivated for porn actors of color to get jobs and to be treated fairly? Yes ma’am.
Should there be a space cultivated for black porn actors of color to get jobs and to be treated fairly? Yes sir!
Should Konner be the one doing it? No, not at this juncture and especially around his limited education on race.
Konnor has clearly acknowledged that there is a problem, which is good for him I guess. I just understand that there needs to be more work done to supplant footing for black LGBTQIA+ porn actors of all genders and body types and this attempt is half-cocked, lazy, and wildly remedial. He participating in the same foolish stunting that Noir Male did as well at their inception.