Cut the Crap: Debt Especially Student Loans

Debt sucks! If you are interested in preaching to us about how bad our choices were, shut up and go away. We already know! If you are interested in being a part of the solution, stay!

What we have lived through is hell, and I wouldn’t wish it on anyone. I may smile when you see me, but the turmoil inside is killing me.

Debt has been a part of my life since I was 24 years old. I’m 47 now. Who would have ever thought that a decision I made 23 years ago would still be haunting me today?

I’m not looking for sympathy. At least I was 24 when I shackled myself. That being said, this isn’t about me. It’s about our kids and this corrupt financial system that is enslaving them. Heck, it’s enslaved all of us, but we’re too blind to see it.

By the time they reach the age that my debt hell started, millions of them are significantly more indebted than I was. What the hell is wrong with us? They have been told since they were in elementary school that their education is priceless and to be successful they must go to college.

The rest of this is written to those that want to solve this problem and just maybe through education, this next generation will save more than themselves. Here are a few stats to try and wrap your head around. These will be the only stats I show because they don’t tell the story of the individuals behind the numbers.

  • This year, 2018, total student loan debt grew to over $1.5 trillion. In 2012, student loan debt was $870 billion. That’s a $630 billion increase in less than 6 years.
  • In 2012, the average balance on student loans was $22,000 per college graduate. In 2017, the average student loan debt was $39,400
  • 44.2 million Americans have student loan debt. Some are over 60 years old.

This is beyond stupid. You think the government should do something about this? Wrong, they did by making the loans easier to get and making it almost impossible to dismiss in bankruptcy. Thanks!

If we are going to do something about this, it’s going to be us that solves it. We can create a community of people to fight this. Together we can fight for our freedom.

In doing so, we can educate ourselves on this corrupt financial system that is enslaving all of us through debt. Heck, it should be criminal. Don’t expect many in my generation or the generations before me to help. Unplugging the matrix cable from their heads will be difficult because they don’t even know they’re in the financial matrix.

First though, we need to build the community. Please pass this blog on, and let’s connect.

 

 

 

 

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