Student Debt - Life Sentence of Poverty for Families

Student Debt – Life Sentence of Poverty for Families

Student Debt - Life Sentence of Poverty for Families
Photo Credit: Raging Chicken Press

A student that enters into the prison of debt will spend most of their lives, up to 35 years for many. Just paying off a student loan for an education that should of have been free and for an education that gets out dated so quickly, that just a few years later that certificate from the college or University is worthless.

If you do not land a very good paying job immediately upon graduation, you never will. No one will hire you with an out dated piece of paper. They will just go out and hire another student who is just graduating. Students in debt will also be burdened with huge taxes, fees and a really high cost of living for the rest of their lives. Add to that, the fact that, they the students will never be permitted to take out another loan for a car, a home, or even to start up a small business.

Students will be trapped in a prison of financial enslavement. Most students will never get a job that will give them enough income to live at a reasonable standard and still pay their loans. The credit system and the corporate system have destroyed the middle class. The corporate governments and the corporations have taken all the money out of society. For a while people went to the credit system to try and save their standard of living. But today people and society is so poor that no one has any real money.

Everyone is living on credit. You need to understand that the corporate credit system is a criminal pyramid scheme that is doomed to collapse. The only good thing then will be that the students will no longer be in debt because all of society will have gone bankrupt because of the financial criminals that run the corporate banks.

This is a well proven fact that if society is not guided into the future by truth, that society is doomed. Now it is evident what happens when everyone tries to live by credit and get money they never worked for. So everyone needs to understand that the root problem of society is that every time the banskters create money out of thin air and then lend it out, they are dropping the value of the money in your pocket that you worked really hard for.

the credit system

So in reality the credit system and corporatism are and have completely demolished this world. That has happened because in general people are of the opinion that no matter what it is the money that matters and the true essence and adjectives such as love, harmony, truth, have been over powered by false, deceit, hatred and materialism. Our previous generations were too busy enjoying the good life with money they never earned and that good life came at the cost of their children’s future.

Learn how to pay for your child’s college education without going into major debt.

Do you feel as if the cost of furthering your child’s education will lead to a life sentence of poverty?

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Comments

8 responses to “Student Debt – Life Sentence of Poverty for Families”

  1. Robin (Masshole Mommy) Avatar
    Robin (Masshole Mommy)

    I am not going into debt for my kids to go to college – they will be taking out the same miserable student loans that I took out.

  2. Dominique Goh Avatar

    I will not go into debt too for my kids when they get to collage. They either take out their own loans or get scholarships if they are capable enough.

  3. Jamie Avatar

    I took out my own loans and my kids will too if they can’t get scholarships, etc. I hope they make wise decisions and go to junior college first to save some money!!

  4. onceuponamaritime Avatar

    The amount kids are being in debt is insane, I just can’t believe how expensive it is.

  5. Czjai Reyes-Ocampo Avatar

    Students have the same plight here in the Philippines. 🙁

  6. Manu Kalia Avatar

    I agree with this, I always have a financial plans for my kids. Its better to be ready.

  7. eliz frank Avatar
    eliz frank

    My kids are graduating college thus year and it hasn’t been easy, even with scholarships and such. Parents need to plan ahead and research opportunities that can help their kids.

  8. Zyana Morris Avatar
    Zyana Morris

    Thanks every one for liking this post ! I just thought Uplifting Families is a good platform to raise parenting issues such as this.

    Cheers