Hello, dear one!
Do you or know someone who currently has an unpaid student loan? Do you know it’s a government’s financial trap to impoverish college students?
Hmm, this may sound like an accusation, so why don’t I tell you a story explicating the game of luring you to a strong desire and weakening you for life?
For my history lovers, you may remember the famous Battle of Waterloo in June 1815. The invincible Napoleon Bonaparte was seduced, plan by plan, to a final defeat and hopeless exile.
When Napoleon was first exiled to Elba, close to the coast of Italy, his former foreign minister Talleyrand opposed it.
Talleyrand turned against Napoleon’s world domination long ago, so he protested and argued that Napoleon be sent far away. Did anyone listen to him? NO!
Patiently bidding on his time and orchestrating a plan, Talleyrand strategically allied with foreign ministers in England and Austria.
On February 26, 1814, Napoleon miraculously escaped from Elba and returned to Paris as they predicted. Here, Napoleon voluntarily came to the bait.
As Napoleon marched with a small army on the streets of Paris, people, including soldiers who were ordered to arrest him, were in awe of his return and fell at his feet to welcome their king back home.
Only a hundred days later, France was bankrupt. Even Napoleon couldn’t save the French; he fell hard into Talleyrand’s trap.
After Napoleon lost his battle in Waterloo, he was exiled the second time to the barren island of Saint Helena, off the coast of Africa. He was deserted there once and for all, with no hope to return.
Why didn’t Napoleon escape Elba and leave Europe for a quiet life? He had a burning desire to reestablish his glory, and Talleyrand used Napoleon’s ambition to bait him into destruction.
Your desire for a college education has enabled the US government and its alliance banks to create student loans so that the profit keeps coming for them and the debt for the students.
Unfortunately, many parents and students do not prudently study student loans before they’re enmeshed in a commitment that only benefits the banks and the government.
Social media, which was created by the government, has brainwashed its population and posterity for decades on obtaining a college degree for a better life.
Have we been impregnated with a desire to worship a college degree? Is college for everyone? The cost of university tuition is escalating, so are the universities in collusion with the government to create easy money?
If you’re gifted with music, why do you need a degree to play or sing? If you’re blessed with rich life experiences and insights, do you need a literature degree to write your stories? Van Gogh became a great painter because he painted, with passion and talent!
Is this why so many college grads are jobless and working in a neighborhood grocery store? Did their degrees prepare them for real-life success, or are they just a piece of paper begetting years of debt?
Get a college degree anyway, so they said! Can’t afford it? We got your back!
And this is when the federal student loan or a private student loan comes into the rescue, or enslaves you before you begin your adult life!
Anthony Oneal, a financial advisor on Dave Ramsey Show and a student loan victim, considers student loans are the worst financial mistake a student can make in college.
He has dedicated his career to educating the public on the traps of student loans, with examples below:
If you borrow $40,000 with 6% interest and $444 per month, in 10 years, you’ll pay back $53,280 (That’s $13,280 more than you borrowed!)
If you borrow 100, 000 with 6% interest and $1100 per month, in 10 years, you’ll pay back $133, 200 (That’s $33,200 more than you borrowed!)
Who’s profiting from a college student? Why are the federal government and its alliance, the banks, the social media, and the universities, so eager to promote college degrees, regardless of whether they’re practical in life or not?
Here is the truth: Student Loans are the federal government’s biggest asset!
In the 4th quarter of 2022, student loans attributed 39.2%, the highest asset on the Federal Government Total Financial Assets sheet. The second largest asset is other loans and advances, which only accounted for 16.5%.
Numbers don’t lie. Isn’t it clear that the government thrives on your student loan?
The tragic irony is that Napoleon had a burning desire of his own, but is a college degree your ultimate dream?
Our government is cleverer beyond any measure!
They first trap you by planting a seed in your mind that a college education is the way of life.
Once you’ve accepted their proposal and can’t afford the tuition, they then bait you with a student loan to “assist” you so that you can fulfill a dream that may not belong to you.
Finally, to repay the student loan, you’ll be enslaved to work on jobs for decades and enrich the government and its alliance, while feeling stuck with life. You’ve been set on a path to submit to all their mandates because you now have a student loan as a gift that keeps giving.
The more you’re exhausted from working and paying the never-ending bills, the less desire you’ll have to invest in knowledge that will set you free.
Is student loan a Ponzi scheme? At least the borrower is trapped for years to come.
Some college degrees are practical and valuable, but you can get one without a student loan. It takes some research and self-discipline.
One of the biggest mistakes I’ve made in life was to stop studying for years after college. I’m sharing a Bible quote to encourage you to always invest in yourself:
“My people are destroyed from lack of knowledge (Hosea 4:6).”
It’s time to get knowledge and live life, YOUR WAY!