Student loans are a financial catastrophe inflating rents and tuition fees
STUDENT LOANS: A profitable federal slush fund based in Washington DC, which is triggering skyrocketing tuition fees and rents.
Obsessed with the next ‘kegger’, or frat party on Friday, most college students are clueless as to what this all means.
Imagine graduating with $100K in student debts, only to find there is only one job for every 5 graduate applications. That’s 80% forced to work in catering, or do telesales on commission. Was it worth it?
‘Worse than the real estate crisis…’
The real estate loan bubble massively distorted the economy. Because of ridiculously easy money, real estate prices were inflated beyond all reason. This was great for banks who receive interest on real estate loans and great for local governments who tax real estate based on “value.” But it was disastrous for everyone else. Huge amounts of people’s income was being drained away by high real estate costs, income that could have been spent on other areas of the economy, including savings. Bad as it was, the real estate bubble is not as bad as the student debt bubble. Why? Three reasons:
1. People can choose to rent without a major drop in their standard of living. It’s hard to choose not to receive education or professional training.
2. Student loans are put on the young who are the least able to pay them and who normally would be a high spending part of the economy. Young adults need everything: cars, furniture, appliances, the expenses related to raising children. By beggaring this element of society, you’re doing real damage to the economy as a whole.
3. Unlike real estate loans, students loans cannot be discharged.
The whole system – created for the benefit of private lenders – is a disaster for society. But it can be fixed and fixed very easily. Watch…
SEE MORE FINANCE NEWS AT: 21st Century Wire Financial
–
Source: http://tapnewswire.com/2017/03/student-loans-are-a-financial-catastrophe/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
