Sunday, October 26, 2014

It's called spinning the Truth....$1.2 Trillion Student Loan debt

I will start this by telling you I have done things in my life that I wish I could take back, and have the chance to do all over again. The truth is that can't happen,but I can admit my mistakes,show remorse and work daily to become a better person.This is what I have chosen and committed to do with the rest of my life.

When an individual has a life changing experience and makes this type of commitment it seems that most become very narrow in their views in the way life should unfold.I see this time after time, I have tried not to make this mistake.I promise you  I am far from perfect and I will continue to make mistakes,but what I have tried to do is admit my mistake and move on.

This blog was created to find solutions to the $1.2 Trillion student loan debt. The $1.2 Trillion student loan debt is now become about right and wrong, and what a few are doing to our present and  future generations.I know that this can't be corrected over night,but those responsible can start taking responsibility for what they have done, and continue doing to destroy our children future. .

Greed breeds greed and now it's not only the lenders, but the college and universities,Congress and our own President have the American public believing the idea that there has to be profits made off the student loans it  now seems everyone  wants to make a profit off our children no matter what the cost.There are some things in this life that are not about the profits,and our children education should be first on that list.

After watching the staggering cost of my daughters education, and the way the educational system seems to pick and chose admissions that keeps some very gifted students from the opportunity to enroll at our state universities..... I knew someone had to speak up.

I have also chosen to find solutions and I promise you there are solutions.....but first we have to realize that our children are America's only hope for the future.We has a nation have to invest in the future now.This is now a world economy like it or not and without our children receiving the best education possible.....

this has to happen before rebuilding Iraq and Afghanistan that we have destroyed.Story after story talks about $Billions that have just been wasted.(USA Today) spending nearly $5 Billion a month on the rebuilding of Iraq and Afghanistan? This just one example of the waste and no real checks and balances on government spending

We had this warning from President Dwight D Eisenhower in his 1961 farewell address to the nation about the increasing power of the military -industrial complex.but now it also includes the too big to fail....these are the powers that control Our President and Congress.

I feel I have talked about the reinstatement of student loan consumer protection rights...until I'm blue in the face....
...Our children will become are what they learn from us..... so maybe it's time to look in our own back yard before we speak out on the $1.2 Trillion student loan debt we as a nation know very little about; this is because of the spin that our media and congress have you believing, and find out the facts before we speak about the $1.2 Trillion student loan debt that the scary part is growing faster today than ever before.This now seems just to be the tip of the iceberg..the lenders with our congress help have slowly change the lending laws that now the lender is now the debt collector as well.Why is this important because our children student loan protection rights have been taken away and student loan defaults continue to increase it won't long before more money is made on student loan defaults than the actual student loan

This is a story that has been spun by our Congress and the media that we will be wasting tax payer dollars if we reinstate student loan consumer protection rights, because all of our children are crooks and thieves and they are so lazy that they all just want something for nothing! These are the very same consumer protection rights that you and I are entitled to and protected by as American citizens..................................... Just so you know even a gambler can declare bankruptcy!

Well...... I'm asking you who would our children learn this from...

.......was you the attorney that job is now no longer about right and wrong and true justice, but about who can you sue to get that large settlement ....  so you can collect your huge fee

....was it you the college president that is making $Million salaries.......

.....was it the college administrators that are hired by the colleges and universities  with 6 figures salaries that are scheming ways to take more money from government student loan system and then raising the tuition even higher

.....was it you congressman that had to make sure that lender laws are not changed so you get that huge donation to your re-election fund

......was it the lobbyist and special interest that continue to create advantage laced amendments
added to bills to help the lenders make even more money off our children's backs ....leaving more and more students in debt for the rest of their lives

....was it the student loan lender that schemed with congress, and became the student loan debt collector knowing that if changes are not made there will now be more profits made on student loan defaults than the actual student loan

......was it the corporately owned for profit college that are destroying the lives of our youth and returning military that all they wanted was to live the American Dream

........Mr,President remember that promise you made....is this what you want you own children to remember

......was it the media that spins all the half truths,leaving just enough truth so you can tell yourself your credible

      definition half-truth: A statement that conveys only part of the truth,especially one used
deliberately in order to deceive someone

...........the spin is in and you have been called out!

I will leave you with this today:

"A baby comes into this world with only hope...
.............the only gold we will leave this earth with is our.......word"

Anthony Eller

Wednesday, October 1, 2014

Who Is Responsible for the $1.2 Trillion Student Loan Debt?

I have been waiting to write this post,because deep down inside I thought for sure there would be at least some improvement by now. Nope......just more and more lip service that everyone keeps on saying something has got to done,but the sad fact nothing is being done and our children keep going deeper and deeper into student loan debt.

Bloomberg  August 26,2013 (what do think another year has done to this to this %?)

College Cost Surge 500% in U.S. Since 1985!

While reports show that 76% of Americans now live from pay check to pay check!
http://www.cbsnews.com/videos/paycheck-to-paycheck-how-76-percent-of-americans-live/
Please tell me am I the only one that sees something terribly wrong with this picture?

I started researching the student loan debt about 5 years ago at the time the student loan debt was $850 Billion, I'm 59, but I don't feel that old, and I do believe  my mind is still working. I ask you am I the only one that it seems just like yesterday when you said millionaire you had it made? I make this reference, because
when we talk about these mass amounts of money owed. I know I can't ...can you  comprehend  $Billion...or...... let a lone a $Trillion?

I am going to add this to help all of us comprehend the difference...Our leaders throw these numbers like no big deal! My daughter helps to proof read my post and this is a suggestion by  Ashley:
When you are a million seconds old you are just....11.5 days old.... then to a billion seconds you would now be 31.5 years old....now.... the  next time Our President or Congress talks about it's only a $TRILLION  which adds up to wait...may I have drum roll please........trillion seconds we would be 31,688 years old.So now just imagine at $1.2 Trillion and how far in debt our Children are right this second, and remember the student loan debt is growing faster than ever before!

Now we talk in $Billions and the National debt is some where around$17 Trillion...and again as I just stated above ... while our children the very future of our great country have  $1.2 Trillion in student loan debt and the scary fact is this student debt is growing faster today than ever before.Please tell me when are we as Americans going to understand this is just plain wrong and correct this injustice.

The first step to a solution to the $1.2 Trillion Student Loan debt is the reinstatement of full consumer protection rights of student loans.The same consumer protection rights that each of us are entitled to as American Citizens.When student loan bankruptcy is reinstated all sides will be held accountable  the student...the colleges and universities,..the lenders..the student loan debt collectors... (the lenders who in case your not aware are now for the most part the student loan debt collectors as well.) The lenders lobbyist special interest and our very own Congress slowly changed the lending laws to allow this to happen. Why is this so important because the student loan default rate is now growing so quickly if changes are not made now it won't be long before more money(even larger profits!) are made on student loan defaults than the actual student loans.

I will remind you again that I have been writing about the student loan debt for 5 years now, and I am now more convinced than ever that until full student loan bankruptcy is reinstated there will be no real solutions to the $1.2 Trillion student loan crisis.There will only be short term fixes used to appease the few that truly seem to care ....while other ways are thought up by the lenders and their lobbyist to make even more deceitful underhanded huge ungodly profits off the backs of our children. You may say I'm nothing more than an alarmist...if that's what you think..Please just look a the numbers they don't lie.

I promise when we as a nation understand that education is not about making huge profits! That the educating of our children is about building a strong nation that will be able to defend ourselves in very sophisticated future, because we will continue to have  the world smartest  that will be allowed achieve their dreams.I will also promise you there will be 100's of other ways once this happens to get student loans to an affordable price for the low income, the middle class (if we're able to sustain a middle class) and the rest of America.

But this time.... there will have got to be real checks and balances put into place at all levels.Our colleges and universities  according to political scientist Benjamin Ginsberg " administrators and staffers out number full-time faculty members" more and more  the emphasis is placed on the student loan more so than the students!
College is ripping you off:Students are cash cows and the Schools are the Predators by Thomas Frank

http://www.salon.com/2014/10/01/college_is_ripping_you_off_students_are_cash_cows_and_schools_the_predators/

The emphasis has got be reversed.....Our children future depends on it... and the very future of our great country.

The answer to the question in the title.....who is responsible ?  each and everyone of us, because we have the ability with the power of our vote to get rid of every politician that is responsible for this corrupted mess.

While our children go deeper and deeper into student loan debt and this amount is growing larger every day.

We need real solutions to the $1.2 Trillion Student loan debt crisis now!

I promise you the $1.2 Trillion student loan debt will never be fixed until serious changes are made to the way our election presently work.....   when it took... $7 Billion to elect the President and Congress the last election!... and with the new Supreme Court rulings this amount could easily double in 2016.Can anyone imagine spending in the neighborhood of $14 Billion! to elect a President  with an approval ratings in the 30% range and Congress that on a good day has an approval rating of 15%-20% range! This is already happening in Kentucky ... the Senate race is estimated to cost $100 Million  with some 80%  of this money coming from outside Kentucky?....when this happens the $100 Million will become the new benchmark... the standard amount ($100 Million) to be spent on any race that is high profile...It's also reported that the candidate that spends to most money wins 94% of the time ...Our President and Congress have been bought and paid for. The sad part for those select few that do run on true integrity their votes are useless until we do a thorough swipe  and take our government back!

I know there is a cost to education I have never said differently.I just had my daughter Ashley do a guest post talking about what college has done for her, and the opportunities that her education created for her. I believe we have got to have a well educated society...A society that questions our leaders and holds them accountable.

I am dyslexic and I wear it as a badge of honor....because my gift of dyslexia has allowed me to recognize my weakness and turn them into strengths.....So....I ask you today... when are we going to recognize our weakness as voters that we  keep electing the same old Congressmen/women that are total failures? When are we going to turn this information  about the corrupted system into a strength as American voters........ What is it going to take to give our children their futures back?

I am going to leave you with two quotes today

"A baby comes into this world with only hope...the only gold we will leave this earth with is our       ....word"                   Anthony Eller

and a second quote

 I believe  this quote should make all us to truly stop, think,and then to understand just how important our children are.

"You only have to know one thing......you can learn anything"


 Salman Khan
 Khan Academy          https://khanacademy.org

 I believe this could be the future of education in America and the world and............. it's Free