Thinking Out Loud - Student Loans

University. We're all aware of the costs of school. Those who don't have wealthy parents or those who's parents haven't been saving since before they were born aren't left with many options. Which of course leads them, like so many before them, to the dreaded student loans. Why is something so apparently necessary as school seem almost unattainable  financially? That is something that is a subject all on it's own, a future blog for a future time. I'll be focusing on the way student loans seem to trap people into a way of life. A way of life that keeps them stuck constantly paying back what they owe. What kind of student honestly has the income to start off with a high monthly payment. Believe it or not it works out to the giver of the loans advantage this way. Lower monthly payments will mean a longer period of payment. We're talking tens of years. Which equals more interest being payed out. It works like this, your everyday person like you or me decides to go to school. They have to take out a loan obviously. After the troublesome years of school they're ready to start their life and join the workforce, but wait. They're not ready to start because you can't start to live your own life when you're in debt tens of thousands of dollars. So someone isn't living their own life. They don't have the freedom to not work if they don't want to. They can't even decide how to spend the entirety of their paycheck. These people aren't working for themselves because they don't have the freedom to stop. These people are working to the benefit of the loaners. This is called slavery. It's different from actually taking people and forcing them to work because this way the illusion of freedom is maintained. I'm sure at some point there was nice people with good intentions of loaning people money so they could start their lives, but these days have come and gone. With tuition prices at the levels they are now one has to wonder if there's something more sinister going on involving those who regulate tuition costs and those who give out student loans.Let's say there's not and that we're all living in the perfect world and that the people in power are not abusing it to control the population, but ask yourself this:

"What do you get for pretending the danger's not real?" - Pink Floyd, Sheep