I get so excited when I think about the possibilities of what this simple program can achieve.
We will need more programs that create Jobs and pay down the Student Loan Debt Crisis.This Crisis did not just happen over night!
In fact it was $241 billion a decade ago.In the first quarter of 2012 the debt was $904 billion. This is from the Federal Reserve Bank Of New York quarterly household debt report.
That's UP 275% since the same period in 2003!
In the same article from CNN Money May 31,2012 by Tami Luhby
Student loans have more than tripled over the past decade, according to new data from the Federal Reserve!
The explosion in debt has led many to warn of a looming Student Loan Crisis, though other EXPERTS say that education debt is Manageable.
I am trying to understand this line can someone help me? Who are these experts????
Do you realize that the debt was $904 in the first quarter of 2012 and now it's over $1 Trillion!
I would love for my Trickle from the Middle Up and Down theory to solve this Crisis.
It will be a start.
We all have to have a conversations about this Crisis when ever we are with friends, family etc...
I want so bad to bring down this debt; an help to make a change in our student loan policies , but I need help from each and everyone of you !
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!
Wednesday, March 20, 2013
This Project is Just Part of the Solution!
Subscribe to: Post Comments (Atom)
Post a Comment
thank you for taking the time to share your thoughts!