Not long ago, I met a nice nice college student studying at Starbucks, she attends the local State University 4 years here. Well, I thought she was a nice and polite college student until she started talking about her politics. Let me give you a rundown on all of this because, as a baby boomer, I’m frankly a little horrified by the sense of entitlement kids in college have these days.
You see, he told me that he wanted to vote for Bernie Sanders because he liked what he promised about free health care and free college, which is, free college for all. Okay, so many people feel this way, but isn’t it a bit selfish to vote for someone so you can get free stuff that everyone else will have to pay for? Of course, this vote-buying game is something Democrats get into early and often, and socialist-leaning candidates around the world use this strategy when they come to power as populist leaders.
Since Hillary Clinton is the candidate now, he said; “I’m definitely going to vote for Hillary!” and “I like what she stands for with gays, minorities, free health care and college,” plus that she’s a Democratic candidate. I asked her what she thought about how Team Clinton and the DNC worked to exclude her former favorite candidate, a very deceitful and dishonest move. She told me; “That’s politics!” Really, a college student suddenly thinks that she knows everything about politics? Besides, where the hell is her loyalty? There’s no loyalty as long as you get free college tuition and don’t have to pay student loans here.
And guess what, this feeling is not uncommon. Did you know that college loan defaults have skyrocketed since the Democrats started talking about “free tuition” during the 2016 presidential election? True, it jumped more than 10%. The Wall Street Journal in an article titled; “Over 40% of Student Borrowers Are Missing Payments: New Figure Raises Concerns Millions Will Never Pay More Than $200 Billion Owed,” By John Mitchell, April 2016 Well, Thank You Bernie and Hillary Thank you for your undermining another important sector of our society. The article said:
“While most dropped out of school and joined the workforce, 43% of the estimated 22 million Americans with federal student loans were in default as of January 1, according to a quarterly snapshot of the student loan portfolio of $1.2 trillion from the Department of Education,” and “About 1 in 6 borrowers, or 3.6 million, were in default on $56 billion in student debt, meaning they had gone at least a year without making a payment, 3 million more who owed approximately $66 billion were at least a month behind.”
Since many of these student loans are taxpayer-backed and the rest happen to be part of the citizen’s stock portfolio, we are passing all current costs and past defaults onto older Americans. Finally, I would like to add something here. Anytime the government helps create a “bubble” in any sector of our economy, it always doubles down and makes it worthwhile, it doesn’t rectify the problem, this is going to be a disaster.
Also, if college tuition becomes free and if the government is involved, trust me; that’s all it’s going to be worth. And the Democrats are busy attacking Donald Trump over his Trump University? Give me a break. It’s time for the Democrats to come clean about this problem they’ve created and stop promising things they can’t do. Didn’t they learn from ObamaCare?
