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The Student Loan Debt Bubble Is Creating Millions Of Modern Day Serfs
Commentary by Daniel J Towsey
Students go to university usually till they reach close to thirty years of age. Most students here in Canada live in difficult poverty while attending classes.
Then after graduating have to find a job. Many never find one that will pay enough for them to be able to afford to pay the student loans off.
Those that do soon discover that the tax and corporate government fees in their lives consume 80% of their incomes. Then after, they have to make the payments on their student loans.
They soon discover that they lived in poverty while attending university. Then after they discover that the poverty continues. They become the working poor.
But the horrific realization comes when they realize that they are now surfs or financial slave to corporate interests. They will be in debt till they reach their fifties.
Under student loans laws here in Canada they are not permitted to take out any other loans for a car, a home or to start up their own businesses while they still have an outstanding student loan balance to pay off.
This all adds up to Corporate crimes against young people.. This has been permitted to be since now all the peoples governments in Canada have been taken over by criminal corporate interests.
We the people no longer have our governments to protect us against organized crime corporate tyranny.