Notes on #StudentLoans @PatriotAct @theSBPC (#StudentBorrowerProtectionCenter) #Loan #Loaned #Loaning #Loans #LoanForgiveness
American Life is primarily 'Paying-Off Student-Loans'—I'm sure you know how "You Can't Have a Respectable Career (these days) without a College-Education" ... at-least Most Employers today won't Promote you to upper-level positions unless you Earn a College-Degree, meanwhile they'll hire Graduates straight-to those positions with no Tenure required 😡
Student Loan Debt-Collection is Big Business—and not just 'the unrelenting bugging you to pay back' (like Napoleon Hill commented on the people requesting payment for the correspondence courses they sent you), but Aggressive debt-collection: Arrest by a Federal Marshall? SEAL Team 6?
School-Spirit makes it Worth the Cost?
the Department of Education became the largest Bank in America, Outsourcing to 'Loan Servicers' (Financial Terrorists? no ... Terrorists Take Responsibility for their Actions ...) The Worst? NAVIENT—as Corrupt as most Evil Corporations (possibly inventing FingernailTeeth?) with Terrible Customer-Service ... almost as bad as the NCAA ... the evil of a Forbearance (when an Income-Based Repayment Plan would be more Fiscally-Responsible) ... you can't pick a better Loan Servicer if the one you start-with screws you around; it's Assigned by the DOE ... SLSs are Modern Tyranny ... Student Loans were started because of the Space Race (America's Rush to get to Outer-Space Success ahead of Communist Russia/U.S.S.R.), when Russia's SPUTNIK got out there before America's NASA, so America wrote the National Defense Education Act of 1958 ... Public Service Loan Forgiveness Program—intended to give Discount on student-loans for people who Worked for the Government, but 99.8 (or so)% of the applicants were–though initially approved & promised loan-forgiveness after making 120 good payments & serving 10 years–Denied the Loan-Forgiveness they were Promised! (most-likely by Changing the Terms of the Loan-Agreement without telling the Borrowers) ... and then Trump appointed DeVos–a Sinister Loan-Officer–to head the DOE ... Support the Student Borrower Protection Center (SBPC)! & Talk to Your Elected Officials and (even better) Your State's Attorney-General
I'll probably 'feng shui' all that mind-furniture later; but first, the centerpiece of 'that word' (below-hyperlinked to the SBPC's website)—built on an even-deeper source ... something crucial that firms the foundation upon which our lexicon stands ...
Know anything else interesting about that? Comment!
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