The silly season has begun. With Obama going on The View and Romney back peddling from his statements about the 47% of Americans, you know not much real debate will go on about whats happening to our country. We here at the Robertson/Falls 2012 campaign will continue to talk about the real issues.
The next part of our platform covers the next great bubble: The Student Loan debt bubble. Do you know Americans now owe more in student loan debt than credit card debt. As a country we have 37% more student loan debt than car debt. The sad part of this is all of this is sanctioned by the federal government and cannot be wiped away by bankruptcy. They can tap into tax refunds and social security payments to get their money. We as tax payers are basically guaranteeing profits for the banks that make these loans. The feds back more than 85% of the student loans. Tragically, 56% of graduates with loan debt can't find a job a year after college. I am sure the banksters on Wall St. like though.
Under my administration we would no longer federally guarantee student loans and the loans taken out now will be classified the same as credit cards or other debt. I know your probably saying, "whoa!! don't you want kids to get a college education?" What the system is giving us now is more like certification and not education. And if its certification we're getting, then we can do it a lot better than this. If the massive amount of government backed money is drained out of the system, I bet you'll find cost will go down quite a bit. The development of more vocational schools would be nice. This idea that every kid should go to college is a little far fetched. There are thousands of student that go to college for a couple of years and rack up lots of debt with nothing to show for it is crazy. That student could go to a Vo-Tech for a year or so and pick up a usable skill and at a cost that wouldn't cause them to go into debt. At the end of the day, self education is better than formal education. Check out the videos
Platt Robertson
Write-in Candidate for President
The next part of our platform covers the next great bubble: The Student Loan debt bubble. Do you know Americans now owe more in student loan debt than credit card debt. As a country we have 37% more student loan debt than car debt. The sad part of this is all of this is sanctioned by the federal government and cannot be wiped away by bankruptcy. They can tap into tax refunds and social security payments to get their money. We as tax payers are basically guaranteeing profits for the banks that make these loans. The feds back more than 85% of the student loans. Tragically, 56% of graduates with loan debt can't find a job a year after college. I am sure the banksters on Wall St. like though.
Under my administration we would no longer federally guarantee student loans and the loans taken out now will be classified the same as credit cards or other debt. I know your probably saying, "whoa!! don't you want kids to get a college education?" What the system is giving us now is more like certification and not education. And if its certification we're getting, then we can do it a lot better than this. If the massive amount of government backed money is drained out of the system, I bet you'll find cost will go down quite a bit. The development of more vocational schools would be nice. This idea that every kid should go to college is a little far fetched. There are thousands of student that go to college for a couple of years and rack up lots of debt with nothing to show for it is crazy. That student could go to a Vo-Tech for a year or so and pick up a usable skill and at a cost that wouldn't cause them to go into debt. At the end of the day, self education is better than formal education. Check out the videos
Platt Robertson
Write-in Candidate for President
No comments:
Post a Comment