As one of my primary platform issues that I would do by Executive Order is end all student loans and forgive all prior student debt. The United States is one of the only first world countries that does not provide free college tuition. The enslavement of every student today for the rest of his earning life is absolute debt slavery. The cost of universities are prohibitive, as the administrators’ salaries are in the millions, as are the salaries of university coaches. This is an abomination of greed and corruption and must be stopped ! Public university presidents and coaches are state employees. Why does a Governor of a state make under $200,000 per year, and the President of the United States makes $400,000 per year salary? How do these presidents and coaches of state universities deserve their astronomical salaries? Their ridiculous salaries are paid for by taxpayers and by the eternally indebted students, who must mortgage their academic life with staggering debt in excess of $100,000, without bankruptcy protections, or without any guarantees of future employment in their fields of study.
One very little known U.S Government, senior citizen benefit for anyone 62 years old or older is free university classes for undergraduate and graduate degree programs. If senior citizens can get free tuition why can’t regular university students? Students can only blame the Federal Government, and themselves for their eternal indebtedness by student loans. If every student insisted on student loan debt release and protested and boycotted all colleges and universities for even one semester, the university systems around the country would collapse, and Congress would immediately rush through a bill to save the systems and end student loans. But I don’t believe today’s college student population has the commitment and unity to do this, nor the inclination to rise up from their slavery to these banking criminals, who have government(taxpayer) backed guarantees on their loans.
There are no real student debt forgiveness programs, that actually do anything, other than add longer payback times or reduced interest rates. All debt is a diabolical illusion, created by criminal bankers and the Federal Reserve. An 18 year old student accepted to a university, must understand that his student loans may stay with him until he retires in his sixties, and if his loans are co signed by his parents, they are liable for the rest of their lives for the repayment of the student loans, and their pensions and even their Social Security payments can be garnished by the Federal Government for collections. The poor deluded students and their parents will realize only too late, that they are eternally bound to debt slavery for the remainder of their lives. I paid my student loans off decades ago. Then tuition to colleges and universities was reasonable and could be afforded by most students who attended. Today universities and colleges cost between $25,000 to $60,000 per year. The average student may never make that amount in a yearly salary, because of the lack of jobs and pathetically low minimum wage in most states. In Connecticut the minimum wage is $9.25 per hour , recent statistics from the Labor Board show, that in Connecticut it takes an hourly wage of over $20.00 per hour for a 40 hour work week to afford a 2 bedroom apartment, and have enough money after taxes for food, transportation and fuel costs, and this is only for a single person. Without a strong economy, which our government has not provided in over 2 decades, current , past and future graduates from colleges and universities will be unable to afford homes, cars, children, or even a humble retirement. They will need to work into their eighties or later until they die, or payoff their student debt.
Unless all student debt is forgiven and never allowed again in the United States, there will either be a massive revolution against the government, or there will be a return of debtor prisons, and the reinstitution of slavery, without racial discrimination. Students of all races will be in debt from student loans, except illegal immigrants,(Dreamers) who are granted free university educations, while American Citizens are denied the same benefits, regardless if their or their parents’ incomes are below the poverty level. There must be an end to the debt slavery of our young men and women, unfairly imposed on them by their own greed driven government. Students are striving to achieve all they can under the American Dream, only to find out the American Dream does not and will never apply to them; because they are shackled by heavy chains of enormous student debt, and enslaved to their Banker masters, before students get their first jobs. It is up to the students and their parents to protest loudly and vigorously their enslavement to bankers and their government, demanding free college and university tuition and the forgiveness of all student loan debt.
L.A. Steel
Independent Presidential Candidate 2016
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