How Can We Break the Cycle of Higher Tuition and More Student Debt?
_Featured_, Economy, Videos Tuesday, February 19th, 2013
Many college students face repaying a mountain of debt upon graduating, and many college graduates end up working jobs that don’t require a degree. Even worse, 40 percent of college students drop out without earning a degree, but that does not free them from the debt they have accumulated. Prof. Daniel Lin argues that government subsidies are to blame for the continually rising costs of higher education. Although such subsidies are supposed to help defray college costs, they are making the situation worse. A policy that worsens the problem it is supposed to fix should be eliminated.
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“How Can We Break The Cycle . . .? Exit the @System@
In regards to ‘Student Loans’ – the students are making payments to a third-party-interloper revenue/debt collector. They do NOT have a ‘contract’ to the who/what they’re making payments to. No contract = no jurisdiction.
The debt created by usury-based sovereign debt is perpetual; it can never be paid off. The contract can NOT be culminated, it is an act of fraud. A contract based on fraud is invalid from its inception. It would appear that the national debt is not legally enforceable.
The wrongful assignment of seigniorage in a credit money system is addressed by William F. Hummel.
Unfortunately, until Colleges/Unis start operating as NOT “for-profit” entities, this wont change. TPTB do NOT want education affordable>that means more competition and brighter minds and more money they’ll have to pay to deserving minds.
It’s a vicious cycle.
Jeff,
You meant to say TPTW (The Powers That Were), right?
Just like NWO (New World Order) – rather – OWO (Old World Order), yes?
Vicious cycle, for sure!
Soon enough Your verbage will hold true. They are Falling fast, and holding onto a fleeting agenda they created.
Life will find a way. ALWAYS. They are faltering idiots, We concur.
Peace/Harmony/FREE WILL/Synchronicity & Destiny is ours!