Monday, July 1, 2013

the price of freedom

** for more info on student loans visit asa.org**

it's july 1. a date that means little more to the average american than 72 more hours til cookouts and fireworks.. but i'm no average american. i'm a student. with loans. lots of loans. i'm one of the 3% who owe more than $100,000 back to Uncle Sam, meaning i now don't qualify for a home loan, car loan, hell, even the student loans i need to finish my education. so what does that have to do with july 1? today is D-Day, but the D doesn't mean doom.
holster your BFG, soldier!


the d is for double, which is what the interest rates on student loans did today. that means that unless by some miracle there is a retroactive resolution, i'll be paying 7% interest on my loans for the next year. this unreasonable. it's unconscionable! do you know what the interest rate banks and financial institutions trade money with each other is today? about 0.25%!!! because institutions with enough money to break the world's economy need the financial incentive. 

because raping people's livelihoods is expensive work
who's to blame? congress, of course. old rich people who already made their way in the world  couldn't reach the logical conclusion that maybe we should stop punishing the best brightest of the next generation. no, let's make a generation of wage slaves who can never join the american dream club working regular jobs because they'll be paying the entrance fee fro the rest of their lives. july 1 is double day. and because congress couldn't make the common sense choice to give we the future a break, they dump the burden on us  yet again. 

so let's all rest easy today knowing that this independence day rest easy knowing that your fat cat law makers are getting fat at their palatial estates and on their well deserved vacations. your future leaders are going to stress themselves into an early grave wondering if they will ever have the american dream, but that's our fault for wanting to make something of ourselves.

because, 'murica

ok, so there is a july 10 mulligan date planned, but this is the 'murican congress we're talking about. you wanna hold your breath for a solution?

No comments:

Post a Comment