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Student Loan Debt Owed to Federal Government Up 463% Under Obama

 
Anonymous Coward
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11/06/2013 09:42 PM
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Student Loan Debt Owed to Federal Government Up 463% Under Obama
Since President Barack Obama took office in 2009, the amount of outstanding federal student loan debt owed to the government has skyrocketed, increasing by 463 percent. The balance owed currently stands at $674,580,000,000.00 compared to $119,803,000,000.00, where it stood in January 2009, according to the Financial Management Service’s latest monthly. Direct federal student loan spending began to rise rapidly in fiscal year 2010, when the Health Care and Education Reconciliation Act – one of the two laws that make up Obamacare -- gave the federal government complete control over federal loans for education, the Direct Student Loan (DL) program

[link to cnsnews.com]
Anonymous Coward
User ID: 49498576
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11/06/2013 09:49 PM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
and many will have to pay the Obamacare fine on top of it. all from a part time job.

talking to the local college kids, they have no clue what is going on. I think they're influenced by their liberal parents and their instructors who will tell them anything to keep them in school so they can keep their cake jobs. the poor kids will graduate with a mountain of debt and few job prospects.
B5
User ID: 70838981
China
11/18/2015 09:11 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Everything you need to know can be learned from a book. Going to college is a rip-off and a waste of time, but college costs can minimized by using the free market.

[link to www.rooshv.com]

Go to a community college.

Go to a free college.

[link to www.usnews.com]

Study abroad.

[link to www.slate.com]

Study online.

[link to uopeople.edu]

Every problem can be solved by thinking of a solution.
Anonymous Coward
User ID: 59450703
United States
11/18/2015 09:14 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Told yeah!

oyesbutt
Anonymous Coward
User ID: 59450703
United States
11/18/2015 09:16 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
and many will have to pay the Obamacare fine on top of it. all from a part time job.

talking to the local college kids, they have no clue what is going on. I think they're influenced by their liberal parents and their instructors who will tell them anything to keep them in school so they can keep their cake jobs. the poor kids will graduate with a mountain of debt and few job prospects.
 Quoting: Anonymous Coward 49498576


Truth! ^^^^^^^^
Anonymous Coward
User ID: 70838741
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11/18/2015 09:17 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Land of the Slaves

flag waver
Shiva ascendant

User ID: 59661270
United States
11/18/2015 09:19 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Everything you need to know can be learned from a book. Going to college is a rip-off and a waste of time, but college costs can minimized by using the free market.

[link to www.rooshv.com]

Go to a community college.

Go to a free college.

[link to www.usnews.com]

Study abroad.

[link to www.slate.com]

Study online.

[link to uopeople.edu]

Every problem can be solved by thinking of a solution.
 Quoting: B5 70838981


thumbs

hesright
This is the way the world ends.
This is the way the world ends.
This is the way the world ends.
Not with a bang but with a whimper.
Anonymous Coward
User ID: 67739412
United States
11/18/2015 09:21 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
If you won't listen, ya gotta feel. . .

Are they feeling it yet?
Anonymous Coward
User ID: 59450703
United States
11/18/2015 09:23 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
If you won't listen, ya gotta feel. . .

Are they feeling it yet?
 Quoting: Anonymous Coward 67739412


You know what sucks?

The populace who has absolutely no clue what the fuck they're talking about has probably reached 80%
Anonymous Coward
User ID: 65789255
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11/18/2015 09:36 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Pin requested
Anonymous Coward
User ID: 69652807
United States
11/18/2015 09:39 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Liberals living the high life while calling for social justice.
Anonymous Coward
User ID: 65789255
United States
11/18/2015 09:41 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
I know it's boogie man day, but this is important

Needs a pin
Anonymous Coward
User ID: 70826591
United States
11/18/2015 09:52 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Everything you need to know can be learned from a book. Going to college is a rip-off and a waste of time, but college costs can minimized by using the free market.

[link to www.rooshv.com]

Go to a community college.

Go to a free college.

[link to www.usnews.com]

Study abroad.

[link to www.slate.com]

Study online.

[link to uopeople.edu]

Every problem can be solved by thinking of a solution.
 Quoting: B5 70838981


1) Community Colleges, have been taken over by rabid marxists, and are rarely places to get an education anymore.

2) It is unrealistic, as those places would get swamped.

3) It costs money to attend colleges overseas, and American's fundamentally reject globalism. We don't want foreigners in our country, and most Americans find going overseas disdainful.

The system is intentionally rigged, to support globalism, by destroying America form the inside out.

4, is interesting, but it is simply too late. Millions upon millions of young Americans, have already been destroyed, by the fraudulent, and predatory, leftist controlled educational system.

They are deliberately using these obscene student loans, to destroy Caucasian American's, and to destroy America, and make everyone in America, aside the 1%, unnaturally, "equally poor", until you factor in all the assistance blacks and Hispanics get, so you have an artificial system, where blacks and Hispanics, will be wealthier than Caucasians, on average, after debt. All designed, to destroy America from the inside out, to pave the way, for the return of the British Empire.

Why do you think, the Clinton's gave China all those technical schematics, and other technology? So when the British make their move, they will know how to take China out. If China, relied on Russian technology, or developed home grown technology, Britain, would not know how to conquer China, and would risk defeat. As things stand now, Britain will be able to eliminate the Chinese military, in a matter of day's.
BigBlue82

User ID: 69782473
United States
11/18/2015 09:55 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
Write it off!

We spend more money on:

-Foreign Aid: [link to www.forbes.com]

-The Cost of War and our Imperialism:
[link to www.nationalpriorities.org (secure)]

-Undisclosed black budget projects: [link to crooksandliars.com]

The list goes on and on...

The enlightenment and education of a countries people should be it's top priority not the crap that we spend our wasted tax dollars on that I mentioned above.

School's a scam, students are too young and immature to realize this and get suckered in, and shackled to debt for the rest of their life. They are fed the importance of college from elementary school onward. It's a form mental programming starting at a young age (the most efficient)

I'm a hard working tax payer and I would like my tax dollars to be used for something more productive than what it is being used for now; and to unshackle our youth and also our future from the chains of debt.

Remember people drowning in debt are much easier to be bought and controlled than free people. All your doing is just creating a new generation of people that that will be easily influenced and bought with money. These people will be our next politicians, doctors, lawyers, and ect. You really want these people making decisions about your future, your health, and the entire world while they are being easily persuaded by money from; think tanks, special interest groups, corporations, and lobbyist?

You fool's preaching that this problem is the "millennial's" problem are doing nothing more than hurting your yourself and your children's future when these slaves- I mean "students" start being assimilated into our work/force and infrastructure. You think corruption is bad now? Just wait and see when people are no longer taking brides for luxuries, but instead taking bribes just to make ends meet..
Nearly all men can handle adversity, but if you want to test a man's character, give him power."-Abraham Lincoln
Anonymous Coward
User ID: 67739412
United States
11/18/2015 10:04 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
If you won't listen, ya gotta feel. . .

Are they feeling it yet?
 Quoting: Anonymous Coward 67739412


You know what sucks?

The populace who has absolutely no clue what the fuck they're talking about has probably reached 80%
 Quoting: Anonymous Coward 59450703


Elite public institution I attended cost $1800/year tuition and dorm, instate, for the 1982-83 school year.

My niece is attending the same school. 2014-15 $27,000/year tuition and dorm, instate. 1400% increase over 31 years.

Niece had a private dorm room, elevator to room, air conditioning, flat screen tv in the shared suite. And my favorite; the buildings have benches out front with each Hall's unique silhouettes, worked into the design of the bench. Not the University's logo - individual Halls have their own logos and "personalized" metalworked benches. I'm staggered to think what those cost, to be so individualized.

Did I mention, this is a state school? I felt like I was visiting Versailles, place was unrecognizable.
Anonymous Coward
User ID: 59450703
United States
11/18/2015 11:08 AM
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Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama
If you won't listen, ya gotta feel. . .

Are they feeling it yet?
 Quoting: Anonymous Coward 67739412


You know what sucks?

The populace who has absolutely no clue what the fuck they're talking about has probably reached 80%
 Quoting: Anonymous Coward 59450703


Elite public institution I attended cost $1800/year tuition and dorm, instate, for the 1982-83 school year.

My niece is attending the same school. 2014-15 $27,000/year tuition and dorm, instate. 1400% increase over 31 years.

Niece had a private dorm room, elevator to room, air conditioning, flat screen tv in the shared suite. And my favorite; the buildings have benches out front with each Hall's unique silhouettes, worked into the design of the bench. Not the University's logo - individual Halls have their own logos and "personalized" metalworked benches. I'm staggered to think what those cost, to be so individualized.

Did I mention, this is a state school? I felt like I was visiting Versailles, place was unrecognizable.
 Quoting: Anonymous Coward 67739412


Its total insanity

4 year degree 100k, that's a chunk of change





GLP