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Student Loan Crisis is coming to a TRILLION $ head

 
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binky622 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote binky622 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:10pm
Originally posted by maysay1 maysay1 wrote:

A 4-year college education is a luxury consumer good, point blank period. And universities are profitable businesses who are controlled and maintained by the 1% in order to perpetuate the current power structure.

You shouldn't finance a 30,000$ car and have 400$ payments for 5-7 years when you only make 30,000 a year...and you shouldn't finance an education and have 200-1000$ in payments for the next 25 years when you don't even have a job.

Education used to be a way out, but once the 1% noticed that they made sure to jack up tuition costs to exorbitant prices and then sold the solution (loans). But they also made sure that the loans can't be discharged in bankruptcy and they buy politicians who vote against lowering interest rates. This is all big business so they can make money. That's it and that's all.

The most subversive thing a young person can do today is get a valuable education without paying for it and not take on any debt (student, car, mortgage, credit card, etc).

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Naturalchick30 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:12pm
Originally posted by newdiva1 newdiva1 wrote:

Originally posted by BrownQtee BrownQtee wrote:

Yep. To top it off, alot of jobs are now making a BS/BA a minimum requirement. It's all a conspiracy.

 
 
 
 
yup. *puts on foil hat* you gotta get this certificate to work, only they make it expensive to get it, when u get said cert there are no jobs to be had to pay back this non dischargable debt, you turn to crime to survive, get caught, go to jail, then they give you a job as a customer service rep for some airline and only pay u $2 an hour.
 
yup......it's a plot...
 
Sounds about right to me
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Finesseful View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Finesseful Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:13pm
Originally posted by maysay1 maysay1 wrote:

A 4-year college education is a luxury consumer good, point blank period. And universities are profitable businesses who are controlled and maintained by the 1% in order to perpetuate the current power structure.

You shouldn't finance a 30,000$ car and have 400$ payments for 5-7 years when you only make 30,000 a year...and you shouldn't finance an education and have 200-1000$ in payments for the next 25 years when you don't even have a job.

Education used to be a way out, but once the 1% noticed that they made sure to jack up tuition costs to exorbitant prices and then sold the solution (loans). But they also made sure that the loans can't be discharged in bankruptcy and they buy politicians who vote against lowering interest rates. This is all big business so they can make money. That's it and that's all.

The most subversive thing a young person can do today is get a valuable education without paying for it and not take on any debt (student, car, mortgage, credit card, etc).


IA. It's disgusting that something that is supposed to help people is an undercover racket.
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babyk94 View Drop Down
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Post Options Post Options   Thanks (4) Thanks(4)   Quote babyk94 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:16pm
Yeah this country doesn't really value education it's just money money but that's another topic lol
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binky622 View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote binky622 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:17pm
Originally posted by Finesseful Finesseful wrote:

Originally posted by maysay1 maysay1 wrote:

A 4-year college education is a luxury consumer good, point blank period. And universities are profitable businesses who are controlled and maintained by the 1% in order to perpetuate the current power structure.

You shouldn't finance a 30,000$ car and have 400$ payments for 5-7 years when you only make 30,000 a year...and you shouldn't finance an education and have 200-1000$ in payments for the next 25 years when you don't even have a job.

Education used to be a way out, but once the 1% noticed that they made sure to jack up tuition costs to exorbitant prices and then sold the solution (loans). But they also made sure that the loans can't be discharged in bankruptcy and they buy politicians who vote against lowering interest rates. This is all big business so they can make money. That's it and that's all.

The most subversive thing a young person can do today is get a valuable education without paying for it and not take on any debt (student, car, mortgage, credit card, etc).


IA. It's disgusting that something that is supposed to help people is an undercover racket.

everything is a racket and the sad part is by the time middle income america gets to partake in it the 1% have bled it dry then open the doors to us then we have to pick up the tab.Ouch same thing happened with the stock market 
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newdiva1 View Drop Down
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Post Options Post Options   Thanks (2) Thanks(2)   Quote newdiva1 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:20pm
Originally posted by maysay1 maysay1 wrote:

A 4-year college education is a luxury consumer good, point blank period. And universities are profitable businesses who are controlled and maintained by the 1% in order to perpetuate the current power structure.

You shouldn't finance a 30,000$ car and have 400$ payments for 5-7 years when you only make 30,000 a year...and you shouldn't finance an education and have 200-1000$ in payments for the next 25 years when you don't even have a job.

Education used to be a way out, but once the 1% noticed that they made sure to jack up tuition costs to exorbitant prices and then sold the solution (loans). But they also made sure that the loans can't be discharged in bankruptcy and they buy politicians who vote against lowering interest rates. This is all big business so they can make money. That's it and that's all.

The most subversive thing a young person can do today is get a valuable education without paying for it and not take on any debt (student, car, mortgage, credit card, etc).
 
 
 
 
 
 
yup.  how the fucc you gone make me buy a book for $200 plus dollars then when I try to sell it back gone tell me you can only give me $20 fuccin' dollars?  then...then...you can't use the same book the next year cause the Professor is tellin' u that u need the revised edition when for real for real the only thing that is changed is they added a "the".
 
 
you're sure right maysay. Education now is right up there with Securities and Luxury taxes.


Edited by newdiva1 - Mar 01 2013 at 12:21pm
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ThoughtCouture View Drop Down
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Post Options Post Options   Thanks (5) Thanks(5)   Quote ThoughtCouture Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:23pm
the goal is for the 99% to live and die in debt...
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newdiva1 View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote newdiva1 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:23pm
fuccers.
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Post Options Post Options   Thanks (5) Thanks(5)   Quote Addicted19034 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:25pm
Education system is fucced
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binky622 View Drop Down
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Post Options Post Options   Thanks (2) Thanks(2)   Quote binky622 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:26pm
Originally posted by ThoughtCouture ThoughtCouture wrote:

the goal is for the 99% to live and die in debt...

the crazy part is now that the middle class are losing jobs the economy has a hole in it. while the 1% and rich hold on and are posturing over their money.  They are still making strides income wise while the middle is falling in disproportional numbers.  I wonder what the next scam will be, lets see we can cross off the housing/real estate, stock market, student loans, FDIC...what  is next?  
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