PDF Ebook Class Lesson--How College Graduates Can Eliminate Student Loan Debt, by David Willig
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Class Lesson--How College Graduates Can Eliminate Student Loan Debt, by David Willig
PDF Ebook Class Lesson--How College Graduates Can Eliminate Student Loan Debt, by David Willig
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Unemployment may be at its lowest level since the end of the Great Recession, but wages are flat and have not kept up with the rate of inflation for the last seven years. Many college graduates who owe student loans are trapped economically in postmodern peonage. The careers many graduates have found in recent years do not pay well enough to make student loans worthwhile. Income for college graduates has not increased near the rise in the price of tuition for decades, so now students borrow more and graduates earn less in the United States.
In 2014, close to 7,000,000 college graduates with student debt were already in default for their student loans. The total cost of defaulted loans is more than $100,000,000,000, which is more than the total cost of tuition for all current students in the fall of 2014. The default rate is rapidly increasing right this minute, and the impending student loan bubble will soon become another epic economic disaster in the United States.
Readers will learn profound facts about the growing student loan crisis in the first chapter of this manuscript; they will understand with vivid details from the second chapter what happened to the higher-education system in the United States between the Great Depression and the Great Recession; they will viscerally feel in the third chapter how bleak the opportunities for good-paying careers for college graduates in debt have become; they will see in the fourth chapter how the Occupy Wall Street movement can help graduates in debt organize; they will feel an epiphany when the last chapter explains how graduates and current students can completely eliminate their student loan debts.
- Sales Rank: #1835199 in eBooks
- Published on: 2014-11-16
- Released on: 2014-11-16
- Format: Kindle eBook
Most helpful customer reviews
0 of 0 people found the following review helpful.
Buy this book for everyone who is considering going to college!!!
By cwilliams
A very well-written, informative, and eye-opening book that should be given to everyone that is going to college. This should be required reading in all of our high schools. Students need to be informed of what they are getting into when they take out large loans for a college education. If you know someone who already has a large loan debt, buy this book for them. They will thank you for it.
0 of 0 people found the following review helpful.
David Willig is SPOT ON. This handy book should ...
By Kimberly Hylton
David Willig is SPOT ON. This handy book should be distributed to all high school seniors and their parents before they begin the college journey. Clear, concise, and informative writing with an interesting historical perspective. I wish I could purchase more and give them as gifts.
0 of 0 people found the following review helpful.
class lesson indeed...
By pb
WOW! eyes opener. did not realize the extent to which the cost of a college education is crippling not only the students, but the united states as a whole. a need to read for everyone, but especially those individuals preparing to enter college and their families.
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