Thom talks to Kyle Olson, Founder and CEO of Education Action Group Foundation, (educationactiongroup.org/) on Student loans & for profit colleges are creating a new generation of indentured servants.
For the first time last year, student loan debt outpaced credit card debt, and according to the New York Times, is likely to top a trillion dollars this year! This comes at a time when state budgets are being slashed, tuition is going up, and Pell Grants are in the middle of a budget debate on Capitol Hill. Ana Kasparian, host of The Young Turks, TYT University discusses what students are saying about this.
[Part 2] Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of government, makes a lot of money off of student borrowers.
If you have tremendous student loan debt and you have a good paying job but are unsure of your job security, watch this video. Also, I recommend that you don’t do anything illegal or potentially dangerous due to the data I present to you. Also, since the United States government is being controlled by the New World Order, laws can change, and forced labour camps may be created for anyone with any type of debt owed to a bank (debt such as: charge cards, student loans, etc.).