President Obama signed legislation to develop college way for millions of young Americans by revamping the federal student loan program in what he called "one of the most significant investments in higher education since the G.I. Bill."
A word of caution is warranted here. The student loan program could nothing else but come to be a car for youth enslavement by the Us Government.
Obama student Loan program and Communist Free study
The share price of large-scale student loan originators like Sallie Mae, Citigroup, Jp Morgan Chase and Bank of America would be undercut. Obama wants to move most student lending into the direct-loan program of the U.S. education Department.
What happens if a student drops out of school or loses his job before paying off the student loan? Federal backed loans presently allow for some form of "Federal Loan Forgiveness".
To qualify for forgiveness there are some very stringent requirements, such as achieve volunteer work, achieve soldiery service, teach or convention medicine in inevitable types of communities and/or meet other criteria specified by the forgiveness program such as working in the fields of social safety, law enforcement, early childhood education, social health, social education, social library or school library services, urgency supervision and the list goes on and on.
The new program run by the U.S. education group makes it easier for young habitancy to enroll in higher education schools. However, it comes with heavy string attached. For one thing, U.S. education group is not a financial institution, nor is it a law enforcer. The law enforcer will come to be the Irs. The financial burden will be settled on treasury and its financial institutions. The U.S. education group will not be accountable for any of their decisions on how to award the scholarships.
U.S. education group will come to be a totalitarian convention beholden to its own policies and the habitancy running the department. It resembles the Communist Ministry of Higher education and this is the topic of this article.
Free education - Communist style
Some social background is required here. The communist system, by design, provided 100% employment for all fit to work. For the naive outsider this looked very noble and sure enough, many habitancy benefited from it, not having to worry about providing for themselves and their families.
Since there was no incommunicable firm anymore, if man was unemployed, the only way to survive was by stealing from the government owned institutions. It was that simple. At least that was what the government feared and rightly so. Even so, theft of construction materials and just about anyone not available straight through retail, would be smuggled out of factories or other institutions and sold on the black market. The gasoline for trucks, also owned by the government, had the gasoline dyed red. The truck drivers routinely would sell gasoline to incommunicable motorists, especially to bicycle drivers. The government had to set up police check points on all main roads exiting towns and cities just to check for stolen gasoline, as well as to monitor the personel move of people.
The educational law was very strict. It was almost impossible to pass the examination without a good knowledge of the test subject.
High school was mandatory. Students were allowed to repeat a failing class just once. Students who failed to get a high school diploma were assigned to a trade technical school. The school was run like a boot camp. No disruption allowed and physical punishment was routine. By the time we were in high school, nobody dared to disrupt; they knew better. Even so, some teachers would smack you if you didn't do your homework or lacked the knowledge while the class test. Sick leave had to be approved by the on-site school physician or nurse.
Upon graduating high school, we had two options: 1. Qualify and get admitted at a university or 2. Get drafted in the army which was mandatory (two years.)
High level education was only available as masters degree (5 years). There was no equivalent of a college. The equivalent of four year college was carefully a trade school and didn't carry earnings valid towards higher level school. In order to get a masters degree, you have to start from zero, regardless of how many years of trade school you accumulated.
