Student Loans are a Bankster's Paradise. Took ten years to pay off 1.5 years of college debt. The system is broken. DTUBE Version

in schoolloans •  4 months ago


DTUBE Film Summary

So today after almost ten years of paying off my student debt, I finally got an email saying "IT'S OVER" the fake fiat debt has been paid. Ridiculously I only borrowed roughly 1.5 years of student debt, as I had a massive academic scholarship. However only borrowing 1.5 years worth of school tuition left me in debt for ten years, and I was only able to pay it off thanks to a spike in crypto currency despite working using my degree since graduation basically. This shows how broken the system is.

So huge thanks to steemit for getting me into crypto currency in August of 2016, since then I have made enough to at least pay off this student debt.

Another big issue is that colleges and universities are not training people for jobs of the future. They should be educating people in jobs like programming but instead they keep doling out useless degrees that don't apply to the real world. Of course all the loans to students for these degrees are federally backed and guaranteed. This means the banksters get handout ridiculous loans for degrees that will never make the money back and they get to charge interest on these loans, that if go unpaid the federal government (taxpayers) pick up the tab on, and the student who couldn't pay has the federal government take money from him forever. Or in my case the banksters get to charge interest on me for ten years for 1.5 years worth of school without any risk of the loan not being paid. It's a banksters paradise.

Never mind the never ending increasing tuition for various moronic reasons. The top schools all want to have the highest tuition because that means they are the best, so Harvard and and such constantly jack their rates up to be "prestigious", which has a trickle down effect as the other schools try to keep up with the Jones's. Also you have professors working later into life, on tenure collecting massive paychecks. You also have a massive influx of foreign students who can afford to pay up front in cash, which justifies the never ending price increases. Lastly modern colleges and Universities are not training people to be free thinkers, they are training automatons. People smart enough to push the lever, but not smart enough to question why.

The education system is completely broken from the indoctrination of schooling currently to the loans burying my entire generation into school debt. We have a Department of Education that was created by the Rockefeller Family largely, with the sole purpose of indoctrinating a slave class of mentally weak people. Something has to change.

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Great post! I can totally relate; I probably won't have my loans paid off until I'm well into my forties.

To be fair, everyone in high school was taught and expected to go to college; I think that we need to increase awareness of the importance of technical skills and technical colleges.

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I completely agree. I work in education and I think most teachers and counselors are doing a disservice to students. They preach that college is the only route to success. I went the college route myself but escaped relatively debt-free. On the other hand, you could learn a trade in high school (welding, carpentry, etc.) start a career right after finishing high school, and be relatively debt-free for the majority of your adult life.

I believe it's all a part of a plan to indoctrinate college students, have them leave college with no real-world skills, and have them go out into the workforce thousands of dollars in debt. The great enslavement set up by the elites.

Its a great news for student...its so thoughtable subject...i also agree with you....Its a big deal For student and so helpful project..........

upvote resteemit done

it was very nice system for poor stedunts

Great post dear. your post always amaze me dear.

good for poor students

Daily Learn some new from your post. Love to read it.
Great stoy and good writing.i like your post and upvoted.
I enjoyed reading your post. There is a lot of good stuff.
Thank you for this article.

its a very great and valuable story.Some information are unknown.its a amazing motivational post also. I really impress i this post.

How can I get the badges which you have used, steemverify & Hater?

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You have to win hater of the year, a contest I run: https://steemit.com/playerhater/@titusfrost/steemit-player-hater-of-the-year-2017-award-nominations-usd50-steem-prize

You can visit "Steem Verify" to get the verify badge. https://www.steemverify.com/

However it is down right now.

Thanks for sharing....
Uovote and Resteemed....

Highly rEsteemed!

You know I was trying VERY hard to get John Taylor Gato over here to SteemIt. We should put a shoutout to him sometime. I think he's on your side of the land.

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Very inspirable project taken hand the bankster...I hope it'll be much helpful for every loan expected scholars.... thanks @titusfrost

To achieve your goal in life, you must take the risk of lending money just to finish your studies. At last, you made it well, you paid all your debts. You can focus now on your work @titusfrost

You da man spittin truth again!

Congrats on being free of those chains of servitude. I myself am locked into the doom for another 28k. And for what?!!!?? AGRHHGH!

Ironically enough, I opened one of my old college notebooks this morning to help me write my Meteorology post... lol but all that I could've learned online.... for free!!!!!! Well, not exactly free since electricity and wifi.. yadda yadda, but it aint a 90k SCAM! Damn.

Keep speaking this message man, Ill keep resteeming!

I also spout this message, but my audience is much smaller than yours and many others. But slowly growing. Cheers.

Edit: gets me all riled up. All those useless Gen-Ed classes that still cost around 5K+ a semester.. like for F#CKING what!!! I should only have to spend money on shit I want to learn! That way I will actually learn it and not just piss away a fortune of money!

Education system is outdated, the very system is designed for profit of handful of people.
Thanks for sharing insightful post :)