This is a topic I’m really passionate about:
The Root of Everything That’s Wrong With Our Country
Passionately PISSED OFF about! I’m talking about student loan forgiveness.
If you take out a loan, you must repay the loan. After all, that’s what you agreed to at the time of taking it.
Now before I break down this topic and get all heated over why I believe it’s the root of everything wrong with this country and our society . . .
I am 100% in support of our country footing the bill for our service members’ education after they’ve committed their lives for the sake of our country.
But for the rest of us who decided to go to college, that was an investment in ourselves — NOT a God-given right provided compliments of the United States taxpayers.
Pumping the brakes on Joey’s forgiveness plan is the Supreme Court, which has the final say on Biden’s political posturing to win the votes of millions of Americans exposed to these debts.
As college costs have skyrocketed, outpacing inflation and incomes, families are forced to rely on student loans to help cover the tab — but that doesn’t mean it’s the “G’s” or the taxpayers’ responsibility to pick up the tab.
College endowment funds are among some of the wealthiest establishments to exist in our society today.
These universities are getting very wealthy on the dime of their students.
It’s advantageous for them to do so because federal student loans are basically available to almost all applicants.
At the time a student loan originates, it usually requires an additional guarantor — likely a parent who is now on the hook for this debt as they are approaching retirement.
This is a recipe for disaster for most families.
The student comes out of college expecting this glamorous job because they got a diploma only to find out that they start at the bottom of the food chain.
In most cases, they could’ve started there without 6-figures in interest bearing debt and without the 4 years of partying at college “finding themselves.”
At the same time the additional guarantor on the student loan is on the hook for footing the bill or assisting with it because that entry level position doesn’t afford the lifestyle the graduate believes they deserve, the cost of living in a high inflationary environment and the debt obligation that needs to be paid every month.
So now they’re all in a predicament because they followed along with what society says they should do. Graduate high school and go to college, otherwise you won’t be successful.
Let’s define successful . . . successful is self sufficient, successful is self reliant, successful is self fulfilling.
All the things most college students are NOT after graduating college, all at the same time when they are in more debt than they’ll ever know how to dig themselves out of.
Now, before a bunch of you get pissed off and send me emails about how you believe education is necessary … I don’t disagree with you!
Education is necessary. What’s more, specialized education is incredibly necessary because specialized skill sets are the most valuable providers of products and services in our society.
I don’t care where you achieve these specialized skills, and I realize that many require a 4 year degree before qualifying for them.
However, if there’s a will — there’s a way.
Among many other methods of study, I studied the CMT course, which stands for the Chartered Market Technician certification.
Some of the smartest, best and most profitable traders in the world strive to become CMTs.
But because I didn’t have a bachelor’s degree in finance or 2 years of professional financial service experience, I was not eligible to take the exam for the qualification.
You know what I did? I studied the entire course and put that knowledge to work… to work in my own trading and to help my clients with their trading.
I’ve worked with thousands of clients over the years to help them achieve their trading goals.
I didn’t need the CMT recognition at the end of my name. I needed to see my bank account look like a phone number and to help as many others as humanly possible do the same.
The moral of the story is this: if you have an undying desire to achieve something, no matter the hurdles, you’ll find a way to do so.
But the journey, the pain, the suffering and most importantly, the DEBT is yours to own — no one else’s! It builds character, and you should enjoy the process…
If I can help you on your trading journey, I encourage you to reach out to me. I’ll gladly respond to your email, answer your questions and help you achieve your goals!