When the youth of this nation wake up and realize they’ve been sold into slavery by the elite and a corrupt government that’s captured entirely by the banking and corporate elite, maybe this country will have real opportunity for revolution and renewal. This neo con criminals decided it would be better (for them) to send our troops and trillions of dollars to fight wars of conquest across the globe (killing, torturing, maiming millions of innocents along the way). And yes, the number is millions when you take into account generations of Iraqi and Afgani citizens who will suffer the fatal after effects of war, bombs, toxic waste that are killing now and will kill for generations. Not even our veterans are getting proper care and the youth that were young children when these war crimes took place will never know peace or prosperity.
In Florida, more than half of the state’s Class of 2011 graduated with an average of $23,000 in debt, Institute for College Access & Success data show. That’s a little less than the average indebted American graduate who owes $27,000. Students at some local schools face an even weightier anchor. At the private University of Tampa, 58 percent of graduates flipped their tassels with an average debt of $31,000.
Student debt eats up first-time buyers’ savings accounts, typically their first choice for making down payments. It stops them from qualifying for mortgages under banks’ tight debt-to-income demands.
And it can discourage them from taking on new expenses. Students said they’ll be forging into the chaotic working world already making hundreds of dollars a month in loan payments. Who has the confidence to add another bill, especially a big one like a mortgage?
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Higher education, college and above, is a PRIVILEGE not a RIGHT. I’m sorry, but this article is way over the top. Teens knowingly take on this debt to get a higher education, but not all do. Some go to trade schools or start businesses and never incur this debt.
Bottom line, this is a voluntary choice done knowingly. This does not have anything to do with government or banks or corruption as wrongfully implied here.