There was a time not long ago when a college quality meant success and funding independence. You graduated from an accredited American college and got a complicated entry-level position construction business you wanted to push. But today too all students graduate and find themselves awash in bountful debt with no way to money.
Few American College Graduates Can start Their Careers
For these graduates north america . dream has disappeared. The truth, the students who will usually start a professional career after college can be only those who graduate from of a dozen to attain two dozen top-tier United states of america and foreign universities. These few top-tier schools select the students from lead of their high workshops. Corporate recruiters have announce victory to waste on junior graduates who attended second-tier high schools and have trouble reading and writing grammatically correct sentences
(Note: I refer to top-tier as only 1 or 2 dozen colleges across the us .. These are Ivies and lots of select colleges such the actual MIT and Johns Hopkins. Second tier colleges are everything else, well over 99% from the colleges. )
Many Graduates Are Losing control of Their Lives
When the graduates from all of these American universities discover that they cannot get jobs, however discover that they cannot compensate their Student Loans. The plenty, or in many cases hundreds of thousands of dollars they took out now keeps them regarding starting their careers. The graduate realizes that she cannot even begin to increase a family as the financial responsibility with the required payback of Student Loans is overwhelming.
In fact, a new section the dating selection strategy is financial stability. Many young people are cautious with marrying a recent college graduate who has a lot of dollars in Student Loans to pay for back. You owe the price? You're not for me personally!
The sad stories between say graduates from American universities enjoy constantly throughout America. And many students who feel he could be no alternative sometimes take a crack at suicide as their way crazy college mess. (note: I continually counsel graduates for example , that suicide is never a replacement. I will discuss options various other papers).
Others have embraced an old profession that will serve them pay back their staggering education loan debt and but let them survive. This new alternative 's an old business: Prostitution
Forcing Former pupils to Prostitution and Suicide Is Unacceptable
On December 22, 2011 Amanda F. Fairbanks published an item in the Huffington Post that details the plight of college age ladies have resorted to sex to compensate tuition or help meet their staggering student loan payments. She reports that current pupils and recent college manages to graduate are selling themselves to cover the their degrees or reduce their loans. Website "escort services" pass themselves off it is always women or gays who are looking for work and are in desperate demand for financial aid.
Our Politicians To allow Graduates Cannot Discharge Their own Student Loans In Bankruptcy
Bankruptcy isn't an alternative. Our politicians have determined that students cannot declare themselves bankrupt from Student Loans. You see, getting elected is higher end. Because politicians need $ from Political Action Committees (PACs) they become predisposed to pass a favorable legislation if you ever help fund their personalised reelection efforts. These donors include consumer car loans company such as Sallie Mae and many more.
So What's Your Step Professor Roberts?
Our elected officials must alter the antiquated laws that serve loan agencies. We must allow its students and graduates to escape their mental "debtor's prisons. " We must permit these poor souls to declare themselves bankrupt and restart their multiplies.
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