I watch as our children our grandchild go deeper and deeper into debt for college.
Just an example of how our Congress and +President Obama are not in touch with the common man.
Steven Brill just did an article in Time Magazine on health care; there is something that all our hospitals use for their billing it's called the Charge Master.
The Charge Master can vary from hospital to hospital. in short it's the cost a hospital would charge for instance 2-Tylenol $75 !!!
No checks and balances!
Just like Mr.Brill is saying we have to look at the cause to find answers.
Our Congress and +President Obama seem to have their head in the sand.
All I am asking is before you dismiss my theory which I truly believe is a start to fix our Student Debt Crisis.
My theory is by far not the complete solution but it's a start.
It's a way to help Small business grow and with our graduates working together to reduce the debt and kick-start our economy in the middle where there will also be
Checks and balances!
I have watched the student loan debt grow from $850 Billion in 2011 to now in 2020 has exceeded $1.7 Trillion Dollars and is now growing at over $2700 a second! Solutions start with reinstatement of Student Loan Bankruptcy ! "Trickle from the Middle Up and Down Theory" A Project of Small Business and Graduates working together to reduce student loan debt! Also Create College Based Non-Profit lender The Goal 1%-3% fixed interest rate loans. YES! there are solutions to this staggering debt!
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