INCREASING MILITARY SPENDING, CUTTING ENTITLEMENTS, BUT NO REAL SUBSTANTIAL COMMENTS ON STUDENT LOAN DEBT!
By John R Hernandez@NDMC-INTERNATIONAL 2015 (c)
“ONE OF THE BIGGEST BOMBSHELL ISSUES OF OUR TIME AND EVERYONE SEEMS TO BE DODGING THE BULLET!” JRH@NDMC
“So the wrap up would be, an isolationist scheme to spend trillions more on military build up and fortifications here and abroad. While offering no real hope to the more than 30 million student loan debtors, no real jobs creation offers, and the further streamlining of whatever is left of social programs. At a time when the need to shore up our defences within our social program infrastructure has already been slashed and burnt!” JRH-NDMC-2015
“When it comes to student loan debt it seems some of the presidential candidates would rather talk about illegal immigration and military spending. Chris Christie deflected the first question on student loans last Thursday at a small town hall meeting up in New Hampshire.
But he couldn’t dodge the question a second time. Suffice it to say he had nothing new to bring to the table other than complaining about some miscellaneous fees on his daughter’s $65,000 school bill. You would think that an ex-Federal state attorney from a wealthy family -would have more- than had two points to make.
His other point was to offer borrowers volunteer work in the military after graduation. But, he stopped short of telling us how much if any of a student’s school debt should be forgiven? Lindal had no real comments that would give one the sense that these guys are seriously taking a closer look at this issue.
In addition to that snub, neither candidate seemed to feel the need to thank God publicly for having brought them to this place in life? Even though they sure wasted no time telling the crowd about how their parents and grandparents got here and how they would take a tough stance on illegal immigration.
How hypocritical of these candidates whom like Obama lack any real substance when it comes to one of the most serious issues of our time! One thing that might help us draw a conclusion on Christie’s thoughts might be that he said during his administration he has cut over 800 entitlement programs.
Adding that entitlements represent a cost of two-thirds of the overall expenditures. While he had no problem talking about increasing military spending as did Lindal but, with a more intense expenditure than the latter. These guys seem to have no problem coming up with a plan to strengthen the military.
Here and abroad in order to do a faceoff with Russia, Isis, and al the Ayatollahs. But when it comes to bringing relief to student loan debtors they are mute. So I guess if they start a war from all their saber rattling a good majority of our student debtors might just end up somewhere in the scheme of things?
So the wrap up would be, an isolationist scheme to spend trillions more on military build up and fortifications here and abroad. While, offering no real hope to the more than 20 million student loan debtors, no real jobs creation offers, and the further streamlining of whatever is left of social programs. At a time when the need to shore up our defences within our social program infrastructure has already been slashed and burnt!” JRH@NDMC-INTERNATIONAL 2015 (c)
ONE OF THE MOST CRITICAL ISSUES OF OUR TIME!
1 Trillion Student Loan Problem Keeps Getting Worse – Forbes
Feb 21, 2014 – The student loan problem may have greater repercussions for the … Total consumer debt at the end of 2013 was $11.52 trillion, and in the last …
Student Loan Debt History – Federal Reserve Bank of New …
Federal Reserve Bank of New York
… Bank Leadership · Ethics and Conflicts of Interest · Disclosures · Org Chart …. Student loan debt is the only form of consumer debt that has grown since the peak of … Number of Borrowers, millions (all age groups) 05:Q1 06:Q1 07:Q1 08:Q1 … actual delinquency rates because almost half of these loans are currently in …
How student-loan debt is dragging down the economy
May 1, 2015 – When you have that big student-loan debt over your head, you’re less likely to take risks.” This rise in borrowing, and the increasing number of people who are having … The hardest-hit age group, according to the chart below, has been … 2) Don’t major in subjects that have nothing to do with the real world …
THEY’RE ARE DODGING THE BULLET ON STUDENT LOANS!
Student loan graphic property of motherjones.com