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As a conservative or right-wing gentleman, I can sniff leftist propaganda quite easily, and mind you, it’s not that hard, as it’s pretty much everywhere in our society and has infiltrated our businesses, the government, and even our own families. Yes, everyone has their point of view (POV) on politics and that’s perfectly acceptable – except for one thing, on the left it’s really not someone’s actual POV, it’s rather a brainwashed mentality of repetition, false argument and propaganda. Let’s take a look at this growing and out of control student loan crisis we’re in right now.
Did you know that nearly 50% of all student loans are in default or a single payment has never been made, with a huge chunk of the $1.35 trillion outstanding – yes, that’s right with a “T” – not shown a payment over 7 years? The Obama administration has told us, or we were told that employment is at an all-time high, now just over 4%, well how come nobody pays their student loans, not even small payments to at least stay ? in the game?
Well, there’s a YouTube video, “PBS Looks Into The Student Loan Problem,” on the Credit Care Channel, that goes on and on about how Sally Mae debt collectors misadvise debtors to pay off their loans before their rent, health insurance, or house payments, and how borrowers didn’t understand it was a bad idea to do so. The 25-minute video makes student loan borrowers look like victims? What? They are not the victims, we taxpayers, in many cases, because we guarantee these loans, not all of them, but part of them.
One estimate was that taxpayers got hooked on about $108 billion of already defaulting student loans, ouch. What do I think of this? Well, I think that PBS, yes, also partly taxpayer-funded, makes things worse, and their documentaries on the subject are a very left-wing stance, following the likes of Hillary Clinton and Bernie Sanders who basically told voters that if they voted for them in office, student loans and free tuition would be waived for everyone.
But why is PBS taking these loans as victims, they are not, they owe the money, the taxpayer should NOT save this abuse of our system by students, leftists in politics and students. Academia is also responsible, those know-it-alls who claim they care about the kids, BS they care about their pensions, tenure and left-wing politics.
If these colleges taught “Financial Literacy” along with other degree requirements, perhaps their students wouldn’t be such intrepid consumers. Instead, academia teaches left socialism and brainwashes students. Maybe it’s okay if the college loan debt bubble explodes, NO taxpayer bailouts… We have an unmanageable university system funded in part by taxpayers, as the tenured professors act mighty but hide in academia, never make payroll or trade in the free market.
If you have no problem with those who have turned this student loan debt bomb into a crisis of epic proportions while the bubble is still building, then you are NOT paying attention. Think about this.
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