So what the fuck has occupy done so far? Occupy. Urge Eric Schneiderman: Jail bankers who broke the law. Marylandicga. Bruce E. Levine: 8 Reasons Young Americans Don’t Fight Back: How the U.S. Crushed Youth Resistance. The ruling elite has created social institutions that have subdued young Americans and broken their spirit of resistance.
By **Bruce E. Levine** By arrangement with AlterNet.org. Traditionally, young people have energized democratic movements. So it is a major coup for the ruling elite to have created societal institutions that have subdued young Americans and broken their spirit of resistance to domination. Young Americans—even more so than older Americans—appear to have acquiesced to the idea that the corporatocracy can completely screw them and that they are helpless to do anything about it. How exactly has American society subdued young Americans? 1. Large debt—and the fear it creates—is a pacifying force. Today in the United States, two-thirds of graduating seniors at four-year colleges have student-loan debt, including over 62 percent of public university graduates. 2. 3. 4. The corporatocracy has figured out a way to make our already authoritarian schools even more authoritarian. Forgive Student Loan Debt to Stimulate the Economy. Private Student Loans: What Lenders Won’t Tell You.
Private student loans can seem like a great alternative to federal loans.
If you need to borrow more than the current annual federal limits, or if you have expenses beyond the cost of attending classes (vehicle repairs or a new computer, for example), private student loans offer a way to cover those costs without paying out of pocket. For college students, who tend to live on a limited budget, a private loan sounds like a responsible way to pay for necessities without resorting to credit cards. However, taking out private student loans could be the biggest mistake of your college years, with ramifications that reach far beyond graduation.
In the fall of 2004, I was a college senior in a dire financial situation. Between debt payments, commuting costs, and regular expenses, I was struggling to keep up with my classes amongst my constant money woes. Distrustful of big name lenders like Sallie Mae, I chose a relatively unknown lender with great reviews. My Private Student Loan Timeline. Education Gap Grows Between Rich and Poor, Studies Show. Sallie Mae to Change Forbearance Fee Policy. Higher Ed Bubble to burst, Sallie Mae posed to take full advantage of it. Interesting article today, 10 Aug 2009, in the baltimore examiner, about the comming student loan bubble, and how it is about to burst.
It's every investor's dream: buy into a theme before any one else has caught on; ride it all the way up until it gets bubbly; sell to the suckers who bought at the top. It's like buying housing names in 2004 (as we did), only to sell and go short in 2007 (as we did). . . or oil prior to the rise to $147 (again, as we did). . . or even dot-coms before the bubble burst. Yep, we've become all too familiar with the term "bubble" in recent years — that unsustainable phenomenon pumped full of irrationality and over-valuation only to burst and trigger monumental downturns.
We've seen it happen in Treasuries, financials, commercial real estate, autos, and credit. We watched in tortured silence, as an over-extended housing bubble popped, triggering a seismic credit meltdown. And pretty soon we'll have bubble bubbles, where our heads explode over the financial chaos. DIY U. Edupunk and after. Sept 17, Day 1. Occupy Wall Street - 5 Minutes of Slow Motion Video - September 17. Arbitrary arrest of Glenn Daniels Jr at Occupy Wall Street march in Union Square. Piwik - Web analytics - Open source.