$1 Trillion in Student Loan Debt Sparks Furor & Exposing The Loan Racket!, page 3

reply to post by CaDreamer

Student loans can not be defaulted on Neither can TAXES, there are a few businesses or Industry's that are guaranteed a HUGE profit margin and NEVER have to face the specter of little to now gains. In my opinion their no better than Gangsters, Using extortion to get protection money.
The Colleges, the government give salliemay? is that the name? get money to loan for educations, the colleges, in order to get a Bigger chunk, that in addition to the Tuition, charge extra fees for service you don't want or need, like use of the commons the library, the School gym, and track. many times the Frrs are higher than the truition, So the loan is not paying for education but for the enrichment of the college Institutions, if you only had to pay for the tuition, books and Supplies Education would be more affordable, but NO you cant default or declare bankruptcy no matter how broke you are. So the college get sit s guaranteed money Up front, weather you graduate or not, and the lender is guaranteed repayment no matter how long it takes, and Even benefits if you default as the can add Wonderful $$$$$ fees to your Ass-ets until your dead. and even then they will probably go after any inheritance you spouse or kind may be entitled to.

ALL banks, Guaranteed PROFITS, paid for by YOU, and ME and the rest of the 99% 'ers.

Insurance's, Car, home, health, All the same. you pay 100 in protection get 10 cents worth of benefits, and Punishments if you fail maintain insurance. our car broke down, So we were going to park it in the garage until we could afford to repair it, went to cancel the Full coverage on it, ans were informed that that was doable, but that when we were ready to put full coverage BACK on the car after repairs, our rate would be higher. to the degree the insurance agency would make up what they lost while the car sat Idle. So we were told we might as well keep the insurance on it. cheaper for us to uninsured it, De register is as defunct, repair it then Sell it. and buy a Different car, to get around their BS. when we need to insure the new car.
Hospital care, they paid by Insurance but CO-OPTED by shareholders, who Ultimately decide the quality of the care you get ALL to protect there profit margins. guaranteed Profits.
Monsanto, Patenting organic Life, and Using lobbyists to guarantee no matter what, there bottom line is protected.
Even Suing farmer for not buying there seeds, and winning. If Monsanto GMO seed are found in a farmers field no matter how they got there, weather dropped by birds, blown by the wind or threw Sabotage, the judge says No matter how they got there, the farmer is liable for damages to Monsanto.
SO Monsanto COULD theoretically fly over farms not buying there seeds, DROP GMO seeds then come back and Sue the farmer and take His farm.
think of all the entity's that have found Unfair ways to guarantee there Sickening profits, and your looking at the 1% club members. and their money making machines.