Hello dear readers,
I apologize for my absence. I’ve been working hard on financial stability. That’s so I can stop worrying about where my next meal is coming from should I become unable to work forever (and I am all over the map at the moment). That’s so I can continue my exploration of why the world is like this and how it could be much, much better for all of us.
I digress, which is common when you are afflicted with ADHD, as I am. Below is a screenshot that, for you, may be rather boring. For me, it is life-changing. The below image represents where I am at with the process of having my federal student loans forgiven.
This image represents, numerically, the pending forgiveness of 100K borrowed, which, with interest, has spiraled to 215K owed. Unfortunately, I only rate forgiveness due to my total and permanent disability status with the Veteran’s Administration. All the other foolish student borrowers who were not quite foolish enough to go fight a war based on utter lies do not get the forgiveness I get. First, you need to be risk tolerant enough to end up in a war zone representing Uncle Sam. Then you have to fight Uncle Sam for the correct disability rating (it only took me ten years from the moment I finally realized just what war had done to me).
Here are some statistics on student loans that I believe are worth sharing:
43.8 million students owe $1.757 trillion in debt;
The average borrower owes $37,338;
47% of Americans support canceling up to 50K debt per borrower;
56% of those who support forgiveness make less than 50K a year; the support for forgiveness goes down as personal wealth goes up;
25.6 million borrowers are currently in forbearance;
Student loans represent around 7% of the GDP as of 2022;
African-American students are most likely to borrow using federal loans.
Am I glad that my student loans are on the cusp of being erased? Hell yes. Do I think that the fact that I’m about to get debt relief while a lawsuit for a measly 10K in forgiveness for most college students is stalled by lawsuits brought forward by greedy capitalist pigs is gumming up the works is OK? Hell no.
I can advocate for my own situation while demanding that others be treated better than they are. All you need to know is that I represent a loophole, and that’s disgusting to me. Billionaires shouldn’t exist. That is what 215K and going to war taught me. I might be totally and permanently disabled but I’m not past the point of being able to call out capitalism for being fucking evil.
Billionaires are not your friends. Socialism is a good idea. Here in my adopted homeland, justice and equality get a lot of lip service, but the abominably wealthy have us all convinced that they got there because they deserve it.
That’s bullshit. They got there by chewing up people like you and I. Thanks for considering what I have to say.
Penfist, I dislike the system and it’s bend to corruption, the same as you. I’m on the universal healthcare, free education side. Because I want to live with healthy, educated people. I’m on the “things that are necessary for life” are not commodities side. Because no one asks to be born and if we value life, we don’t deprive it of what it needs to live. I’m not sure what that is, but it’s not capitalism. I hope this is resolved in your favor because you EARNED it already. This isn’t the place for my story but I will tell you, I have struggled financially. Not through careless spending, but because of the system you decry. I’ve been frugal my entire life. When my father passed, I inherited a bit. I don’t spend. A lifetime of frugality is not easy to break. But it hasn’t changed what I believe either. People aren’t a line on a business expense tally. We need to care for each other. I worry for my grandkids and I watch my own adult children struggle... this isn’t right ... for me, the worst part is the ignorance of most people... it blows my mind.
I read today that a few decades ago, "patriotism" was the #1 value of Americans, even outranking religion.
Today, it ranks in the low 30s, while "money" is the most important value to Americans.
It's a failure on every level...parental, societal, political.
What has the worship of money brought us? Massive income inequality, poor healthcare, worse education. 1 in 5 kids won't reach the age of 40 (guns, poverty, drugs, mental illness).
I also read today that wealthy parents pay up to $1M to consultants to prepare kids (from middle school) to be accepted into Ivy League schools. There's no word for this lunacy.
None of this is sustainable. If our democracy lasts through 2024, massive reforms will be required. The country can't work just for the 10%.