Sunday, November 3, 2013

The Student Loan System is Rigged!

I want start this off by saying you can get a great college education, but you have to watch for all the pit-falls along the way.

This is a link that I received from Alan Collinge

I believe you owe it to your yourself to read Alan's web-site. I would suggest start with
Frequently Asked Questions and sign the petition.      
I think it's very important that you know this issue is not about the right against the left..... or Republican verses Democrat....... The student loan debt crisis this $1.2 Trillion student loan debt that is growing faster today than ever before.........
This is about right and wrong.... Our children.... our young adults  student loan consumer protection rights have been stripped away  

In order to clean up the now $1.2 Trillion student loan debt and yes it is a "CRISIS"  and  with the scary fact is that this debt is now growing faster than ever before.
Student loan bankruptcy has to be reinstated! The Federal student loan bankruptcy was taken away in 1978 and then Private student loan bankruptcy in 2005.

I am starting to see programs like SALT which is now available on over 200 college campus and

  1. I am not endorsing either of the sites, but there  seems to be helpful information from both sources and management of the student loan debt has been a major problem.
The  biggest problem is the corruption in government  a good first step

If our leaders want to truly lead our Great Country

New laws need the approval and have the full support of our President and Congress!...... Integrity?

1) The Sequester starts with the President and Congress

2) No retirement package (The President and Congress were never intended to be a career!)
3) Salary changes based on the salary of an average American Citizen
4) Health insurance only while in office
5) No more than $1 million spent to get elected
 (Still too much! The American People should determine the amount/ no more elections bought!)

Serving America should be an "Honor Not a Privilege"

I don't mind if you want to call me a crazy old man, but everything above is just good old plain common sense! We have let a select few take over our Great Country with the help of the President and Congress. I have said this several times, and will continue to tell you it took $7 Billion? to elect the President and Congress the last election!

I want to add an update with the new Supreme Court ruling the $7 Billion it cost the last election could easily double  in 2016!

Look around do you like what you see?

 All I see is the image of  the 3 stooges.................. x 535 plus1

Just remember  when the $1.2 Trillion student loan debt bubble bust! That's was me just a crazy old man talking non-sense!

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