Student Loan Borrowing Has Outstripped Credit Card And Auto Loans! Unfuckingbelieveable! |
AMERICA'S BRIGHTEST ARE SADDLING THEMSELVES WITH ONEROUS DEBT THAT THEY WILL NEVER BE ABLE TO REPAY. FACE IT WHEN YOU GRADUATE FROM COLLEGE WITH A BACHELORS' OR MASTERS DEGREE OR A TECHNICAL OR TRADE SCHOOL AND YOU HAVE 10'S OF THOUSANDS OF $$$$$ PACKED ON YOUR BACK, WELL IT'S LIKE TRYING TO RUN THE 100 YARD DASH WITH A KNAPSACK FULL OF ROCKS ON YOUR BACK.
THE ABOVE CHART SAYS IT ALL. THE STUNNING AMOUNT OF STUDENT LOAN DEBT IS MIND BOGGLING. GOING FROM 700 BILLION IN 2009 TO OVER 1.2 TRILLION TODAY, THE MASSIVE BORROWING IS SYMPTOMATIC OF A MENTALLY ILL SOCIETY WHERE ITS' CITIZENS ARE LIVING IN A DELUSIONAL FANTASY THAT THEY WILL SOMEHOW BE ABLE TO PAY OFF ALL THIS MONEY THEY BORROW TO FINANCE THEIR COLLEGE LIFESTYLE OF NEW COMPUTERS, CARS AND $45,000 A YEAR TUITION ALONG WITH ROOM AND BOARD. THIS IS SHEER INSANITY BETTER SUITED FOR FANTASY ISLAND OR THE TELEVANGELISTS PRAYING OVER THESE DESTITUTE BORROWERS ASKING GOD FOR A "MONEY MIRACLE" IN THEIR LIFE!
WE HAVE A PERMANENT UNDERCLASS THAT ARE ALREADY WARDS OF THE GOVERNMENT WHOSE EVERY NEED MUST BE MET. BLACK COLONIES COAST TO COAST ARE TOTALLY DEPENDANT ON GOVERNMENT LARGESS IN ORDER FOR THEM TO HAVE A ROOF OVER THEIR HEADS, FOOD TO EAT OR TO HAVE THEIR PRESCRIPTIONS FILLED AT THE LOCAL PHARMACY. IF IT WERE NOT FOR PRISONS AND PENITENTIARIES WHERE WOULD MANY OF OUR YOUNG BLACK MEN BE? HOW WOULD THEY FEED THEMSELVES AND PUT A ROOF OVER THEIR HEAD - IT WOULD BE IMPOSSIBLE SINCE THESE YOUNG BLACK MEN HAVE NO WAY OF ADAPTING TO THE SOCIETY AT LARGE. LARGELY ILLITERATE, UNEDUCATED AND IGNORANT WE HAVE HUGE SWATHS OF YOUNG BLACK MEN WHO ARE TOTALLY FUCKING STUPID, IGNORANT ASSHOLES WHO TURN TO CRIME AS A MEANS TO SUVIVE. THEN WHO PAYS TO WAREHOUSE THEIR ASSES? THE TAXPAYERS.
MY ARGUMENT HERE IS WOULDN'T IT BE A BETTER INVESTMENT TO PAY FOR THE EDUCATION OF AMERICA'S BEST AND BRIGHTEST WHO WILL IN TURN BECOME HIGHLY PRODUCTIVE, HIGH INCOME EARNERS WHO WIL PAY HIGH TAXES SO THAT THE PERMANENT UNDERCLASS OF DEPENDANTS CAN BE TAKEN CARE OF INSTEAD OF SQUANDERING HUNDREDS OF BILLIONS ON THE POOR AND THE ILLITERATE WITH NO CHANCE OF A RETURN ON INVESTMENT FOR THOSE DOLLARS SPENT. WHEN YOU SPEND MONEY ON "PROGRAMS" FOR THE POOR, YOU PUT MONEY INTO THE HANDS OF THE PEOPLE WHO ADMINISTER THOSE PROGRAMS-THE PEOPLE THE PROGRAMS ARE DESIGNED TO HELP SEE SOME BENEFIT, HOWEVER DOES IT EVER RARELY RETURN THE FUNDS SPENT TO THE ORIGINATOR OF THOSE PROGRAMS, IN OTHER WORDS A TOTAL WASTE OF MONEY.
LOOK AT SAN FRANCISCO, THEY HAVE A HUGE PROBLEM WITH HOMELESS BUMS AND WAIFS INFESTATING THEIR STREETS. THE PROBLEM IS SO BAD THAT THESE STREET URCHINS ARE OPENLY DEFECATING ON THE STREET IN BROAD DAYLIGHT IN THE BUSINESS DISTRICT. HOW WOULD YOU LIKE TO BE A BUSINESS EXECUTIVE ON YOUR WAY TO A MEETING IN ANOTHER OFFICE BUILDING AND HAVE TO WITNESS SOME BUM SHITTING OUT HIS ROTGUT WINE FROM HIS BREAKFAST? OH YEAH, THEY HAVE ALL KINDS OF ORGANIZATIONS IN SAN FRANCISCO DESIGNED TO "HELP THE HOMELESS" BUT HAVE THEY SOLVED THE HOMELESS PROBLEM IN THE CITY? FUCK NO! THE PROFESSIONAL HELP ORGANIZATIONS LOVE THE MONEY COMING IN FROM THE UNITED WAY, THE CHURCHES AND THE GOVERNMENT AS THEY DO THE "LORDS WORK" BUT NOTHING IS EVER SOLVED AND NO PERMANENT SOLUTION IS EVER REACHED. IT'S TIME TO REOPEN THE MENTAL HOSPITALS AND GET THESE PEOPLE OFF THE STREETS AND GET THEM THE CARE THEY NEED, ONLY A CITY THAT DOES NOT CARE ABOUT ITS' OWN TAXPAYING CITIZENS WOULD LET THE HOMELESSNESS PROBLEM THAT SAN FRANCISCO IS EXPERIENCING TODAY BALLOON INTO THE EPIC PROBLEM OF WHAT IT HAS BECOME TODAY. AGAIN GOOD MONEY THROWN AFTER BAD . A WASTE OF MONEY WHILE THE ISSUE HABITATES WITHING THE CONFINES OF "TOLERANCE AND POLITICAL CORRECTNESS" THOSE WALLS NO ONE DARES TO BREACH FOR THE FEAR OF OFFENDING SOMEONE OR THEIR MASTERS.
SO IF YOUR AN INDEBTED STUDENT. WELL, TOUGH SHIT. YOUR FUCKED. GO BELLY UP QUIT PAYING YOUR LOANS. YOUR TAX REFUNDS WILL BE SEIZED, BUT SO WHAT? PAY EVERYTHING WITH CASH. THEY WILL PROBABLY GARNISH YOUR WAGES TOO, BUT THEY CAN'T TAKE MORE THAN 10% SO FUCK IT, YOU WON'T MISS IT - IT COMES RIGHT OFF THE TOP.
YOU CAN CURSE YOU PARENTS FOR NOT SAVING UP FOR YOUR COLLEGE EDUCATION BUT WHY SHOULD THEY HAVE? THEY HAD THEIR OWN LIVES TO LIVE.
STUDENT LOANS SUCK.
BOTTOM LINE.
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