The Occupation seems to be holding steady and even gaining ground.
The only thing we know for sure about the people in the tents downtown is that they don’t know what they want, but they’ll know it it when we get it. What do we the 99% really want? Student loan forgiveness comes to the top of my list–just wipe them clean off the books. But in reality, that would be one of the worst things that could happen to the future hopes of the American economy.
I had a bachelor degree, and I decided I wanted to get a master. I sent off to the school for information, they sent me back a nifty catalog. Towards the back, they told me it was going to cost well over $50,000 to get through the 3 years of study. I said, “ok, no problem,” applied, got accepted, matriculated, and graduated. Six months after graduation, that bill they told me about came due.
Now, it’s true that a lot of companies got bailouts; they swindled and evicted and laid off countless hardworking people. Yes, the credit card companies employ the type of people the Bible warns us about. All that is true–so if they voluntarily decide to forgive the $829.785 billion in federal and private students loans Americans owe, I’ll let them.
But I don’t expect that to happen.
The way I see it, all of us bright educated folks need to use the degrees we begged, borrowed, and stole to obtain. We should be the ones inventing, writing, selling, and making new stuff. All our new, must-have gadgets and books and services will stimulate the economy. Also, we’ll have enough money to pay back the loans once we put ourselves to work.
Sallie Mae and Pell already made the education possible, thank you very much. Now, I don’t intend to wait for a jobs bill to employ me or Obamacare to cure me, or the Occupy Movement to get my debts cancelled.
I for one, plan to use this fabulous education of mine to make a real difference for myself and the world.