Blog Post3

Privatization connects to the topic of the Middle classes’ fear simply because it feeds off of it. Privatization is fueled on an ever present emotion in both the lower and middle classes.  In the article Debt and Taxes: Can the Financial Industry save Public Universities? The author uses University of California to some up an example of Privatization using this fear in action. He states “By following the logic of financialization, UC could theoretically raise revenues from enrollment growth for as long as Californians were more willing to incur debt than to pay higher taxes”( Meister 134). This quote deals with two fears and ideas that circulate in American society, The first being that going to debt for education is the way out and the  second being never want to pay higher taxes. Is it possible that college and the debt it puts you in has become a trait of the middle class?