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RE: College Loans are Slavery - Interest Keeps You Paying Forever! - VIDEO

in #money7 years ago

math is hard
I feel for you...I really do.
I just now, this month, managed to pay off all my debts that have accumulated in the last FIFTY years.
mostly credit cards.

If you read the fine print...(Yeah I know that it takes a microscope to see it) you'll see what you signed for on the dotted line.

However...loans are NOT slavery...you entered into it voluntarily (as did I)...
Caveat Emptor...as they say.

HOWEVER..be of GOOD cheer...YOU have a MUCH greater (voting) following than I do.
I expect that if you set your mind to it you could earn about three grand a MONTH from Steemit.
if not much, much more (lookit poppa pepper...he earned over a hundred grand last year)

Use that money to pay off your student loans...make triple payements...quadruple...or a years worth at a time..

THAT will pull you out of INDENTURED SERVITUDE...(but it's not slavery)

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Basically I agree with everittdmickey. Also someone pointed out to me that slavery isn't illegal in America. During the Civil war we simply redefined why someone could be enslaved. Some extreme characters throughout history have called loans usury. I just pay off loans as quickly as possible. I don't want to be a loaner or a borrower.

you agree with me?
(that rarely happens)
ahem.
words mean things. I always try to use them appropriately. Calling something slavery when it's not only leads to misunderstanding.
This applies to a great many hijacked words. Rape, Hitler, to name but two.

And now that you mention him, Hitler thought capitalism was a system of usury and therefore no good. He had such a better idea though! Too bad no one could survive it.