EDUCATIO DEBITUM

One of the only ways that I can get assistance with mitigating the debt of my federally funded school loan is to die.

Since I have not been able to pay my school loan and my living expenses simultaneously for sometime, I have left my loan in a state of forebearance while the interest continues to accrue at a rate of 9%. My interest rate is high because when I consolidated my school loans I was a youth and didn’t know what I was doing. I didn’t know then that I could not refinance my school loans to a lower interest rate unless I took out another school loan in order to re-consolidate. However, I couldn’t readily do that because I was working full time. Now I can’t do it because I am so deeply in debt that the devil wouldn’t give me credit let alone the federal government.

The government is worse than the devil because it seeks to profit at my expense all of my live long days. The government of the United States of America would, I know see, perpetrate a scheme on its citizen students more direful than that of the most underhanded government official (who have been shown, in great number, to: lie and make false claims, pander, favor-trade, tax-evade and misappropriate funds). The scheme to which I allude is as follows:
The government of the United States, which wants its [voting] citizenry to get good jobs in order to contribute to the economy and make it stronger, does not recognize a public collegiate education as a civil right. Consequently, young Americans, who want to become fruitfully employed but who cannot afford the four year tuition at a public college, must take out school loans such as the federal Stafford Loan. The college graduate then enters into an employment contract and his earnings begin to be taxed. (Too, the employer makes him pay more and more of his own healthcare premium out of pocket because the United States Government does not regard healthcare as a civil right any more than it does education.) The youthfully unwary college graduate may or may not know to consolidate his loans at the lowest possible fluctuating rate. Once the school loan is consolidated at whatever rate it is no longer negotiable (unlike home loans [ironically made by a financial industry that failed to appropriately regulate its lending criteria). Now the graduate is stuck paying taxes AND paying his school loan which is, perforce, paying for his education twice especially since Stafford loans are tax-payer funded.

An awful contemplation awaits the increasing awareness of the college graduate who, once he enters the work force, begins to slowly realize that he exists purely to invest in the United States Government which UTTERLY FAILS to invest in him. Not only does he have to pay taxes and health-care costs, he has to pay for the education which affords him a job the very earnings of which the government consistently takes. In effect, Uncle Sam says, “son, I want you to pay me in order to pay me.”

And now, the President of the United States, who was recently voted into office has already within the first month of his administration BAILED OUT...who? Low income people? Needy care-takers? People with disabilities? The unemployed who are in debt up to their eyeballs but are still struggling to pay it despite the financial and lending industry that would seek to profit from their ignorance or desperateness or fear?

No he bailed out the Super Big Business Bunch who sought to make personal fortunes at the helm of their companies. Oh and he says he wants to artificially stimulate the economy because consumers can no longer afford to consume which is good right? because then they will no longer borrow money from banks which therefore could no longer charge exorbitant fees and interest rates which means that lenders will need another bail out so they can keep operating except consumers are still in debt so they still can’t afford to consume so the car companies go down anyway despite all the money that was given them so now that money is... where? I don’t know, some fat cat’s pockets, I guess, but not my pockets because I still can’t afford to pay my school loan the accumulated interest of which has outstripped the principle so that gets me back to where I started: The only option I have to be “bailed out” of my school loan is to facilitate my own demise because only then can the debt be discharged but, oh, if I’m dead I can’t pay taxes anymore.