Will never happen

Dave Hodges

Activist Post

A college education used to be considered the great equalizer in which a young adult from any social class could close the future income gap regardless of the social class of origin. Unfortunately, a college education is becoming a governmental form of oppression. Step onto almost any college campus today and you will witness the beginning of the creation of generational debt slaves.

For those of you who have children approaching college age, your eyes will be opened by the words written here. And the words written here are coming from a college insider who is intimately familiar with these corrupt student lending practices. And like many of you, not only am I professionally entrenched in this unholy system, I am not that many years away from witnessing the enslavement of my soon to be college-age child.

The Creation of Debt Slaves

The rate of increase of a college education has increased eight times more than the cost of living. In my generation, college students could pay for their education with part-time jobs. A part-time job, today, will not purchase textbooks. In order to obtain a college degree today, students must pay about three times as much for their degree as did someone graduating 30 years ago, even when accounting for inflation. And there is not one shred of evidence that the quality of the education today has similarly increased. In fact, the existing data suggests that our college students are paying far more than their parents did, and receiving a less quality education. According to the College Board, in 1983 a typical private American university managed to provide a bachelor’s degree education to young people just like you for $11,000 a year in tuition and fees; today, it costs almost $30,000 per year. Public universities have witnessed an even more dramatic increase. One used to be able to get a full four-year degree for $8,800 30 years ago. Today, one year’s worth of tuition will cost $8,700. In fact, today on an overcrowded college campus, it takes an average of six years to graduate because of the shortage of offered required classes. It can accurately be said that a good rule of thumb is that the bigger the college, the longer it takes to graduate. Further, when one factors in the time for degree completion, a college education at a public university is 6-8 times greater than it was in 1983. And if you think that these figures don’t sound that bad, please consider that the new tuition numbers do not account for room and board.

The Number One Expense for Young Adults

What is the number one expense for young adults? Is it irresponsible credit card debt in which Mastercard and Visa send students unsolicited credit cards and then subsequently prays for impulsive use of new-found credit? Is the number one source of created debt for young people car loans? These two debt-creation devices are not close to being number one. Drum roll please . . . according to the Federal Reserve Bank of New York, total student loans have basically tripled since 2004 and are now at the $1 trillion dollar level. They have easily overtaken credit card debts and car loans. According to the Federal Reserve Bank researcher, Lee Donghoon , the amount of student loan debt has gone up by 70% and the average amount loaned has gone up by about 70%. Donghoon states that about 17% of those with student loans are more than 90 days’ delinquent, despite the fact that 44% haven’t even yet entered the repayment period. This increase is coming at a time when family income in America has decreased by $3,200 according to Factcheck.org.

The Biggest Conspiracy In America

The College-Industrial-Complex has our children exactly where they want them. It can be accurately said that they are a captive audience, and that is because unemployment rates for those without a bachelor’s degree are twice as high as for those who have one. The global elite can bid up education prices, just as they do real estate prices in Manhattan and San Francisco. However, you do not have to live in a pricey area. However, your children do need a college education in order to be competitive.

Another Attack Upon the Middle Class

If your family is middle income, your children are systematically being priced out of a college education. Whether a child of the global elite pays $20,000 or $150,000 for a four-year degree is irrelevant to the super-rich. And if a child comes from less than middle class, they qualify for federal financial aid. For many of these poor kids, they often attend college for next to nothing. Many of these poor young adults also will qualify for work study jobs so they can meet their room and board expenses. Middle class parents are targeted by this corrupt system, as both the poor and the rich can better afford a college education than they can. This fact is right in line with the philosophy of the global elite to have two social classes in America: the haves and the have nots, and the middle class has been targeted for elimination.

The Conspiracy Circle Widens

There is a second group who is benefiting from the fleecing of middle-class college students: the media. Many of the media are entrenched in the system, because many work in the system. Some teach and some others are “honorary members” of University think tanks whose primary purpose is to justify the continuing exorbitant cost of a college education. As members of these honorary think tanks, they often receive insider stock information, as well as get brought in on sweetheart real estate deals, etc. All these media types have to do is to refuse to cover the biggest rip-off in American history. There is still another group who is benefiting from this conspiracy: the Federal government. Please allow me to share an anecdotal story of a typical federal student loan story that I am personally aware of. The original loan amount for undergraduate student, Stephen L., was $55,684. Recently, the last statement he received in March showed a balance $93,789. This student loan accrued an interest payment of $38,105 in interest. This also represented an increase by 9% over the interest rate originally charged, and the notice of the rate increase was not announced until the last bill arrived to the student’s mailbox. For the student, this represents a monthly payment which now exceeds his monthly income. He filed a written protest and received the following notice. He was told that the rate of interest could increase without notice and it did. He was told that if he did not pay, they would garnish his wages, seize any tax refund and would also take out the amount on the back end through his Social Security. Even being disabled does not allow one to opt-out of paying this extortion money. If Stephen were struck by a car crossing the street and he was placed on life support, the government could garnish his disability and medical payout amounts. In other words, if you don’t pay your student loan, the government could literally make you homeless and starve you to death. And if you owe a federal student loan, you better get comfortable sleeping with your clothes on.



Bad Boys, Bad Boys, Whatcha Gonna Do When They Come For You?

In America, Warren Buffet and Goldman Sachs don’t pay taxes. Yet, well-armed SWAT teams, from the Department of Education, now kick in doors and mug student loan defaulters and terrorize their young children. Kenneth Wright, from Stockton, CA was grabbed by the neck, and drug out on his front lawn before being handcuffed as his three young children were put in a police car while the officers searched his house. Wright was in his underwear and, amazingly, the warrant was for his estranged wife, not him, and she was not home at the time of the raid. Acting on behalf of the Department of Education, the SWAT team damaged the house and have refused to properly repair the damage. Wright was held for 6 1/2 hours before federal officials released him. The federal government has an extreme motivation to engage in predatory student lending for college tuition. The government is charging exorbitant interest, on a balance of $1 trillion dollars; and for this kind of money, they will break your door down and terrorize you and your family.



Brave - The Browser Built for Privacy Very soon, perhaps, we will be reading that the Department of Education has purchased 2.2 billion rounds of ammunition as well as 2700 armored personnel carriers. The Real Reason Behind This Insanity The college student loan practice is an extreme racket! The feds want their cut, but there is even more of a compelling reason that the global elite have created this heinous practice. The global elite benefit from pricing college out of the price range of today’s children because if David Rockefeller’s grandchildren have a college degree, and yours don’t, your children will work for these monsters and become subservient to them. And if one works for the global elite masters, then one is not likely to pursue ideals like freedom and liberty as our young adult children are being propagandized and threatened to accept the New World Order agenda. The tenets of the Hitler Youth movement are alive and well and being implemented through our institutions of higher learning. How this is being done will be the subject of a future article.

Dave is an award winning psychology, statistics and research professor, a college basketball coach, a mental health counselor, a political activist and writer who has published dozens of editorials and articles in several publications such as Freedoms Phoenix, News With Views and The Arizona Republic.

The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.