Message to Greedy Student Loan Predators: Your Days Are Numbered

The New York Times today had an excellent piece on Hillary's proposals for the student loan industry on their blog. This should be required reading for any serious grassroots Hillary Clinton supporter. Just as there is a massive health crisis in the United States as a result of greedy Health Insurance companies and doctors that do nothing to lower their costs, we have a similar problem with College Education, where tuition costs are rising at astronomical levels, as well as the ever-increasing interest on student loans. The average American is absolutely getting crushed from all angles. We thought we were doing the right thing by going through the system and getting a higher education. We also thought we were doing the right thing by getting health care coverage for our families. But the circumstances that greedy corporations have put us in today are making it harder and harder for any decent American to increase his or her quality of life.

What may seem like a minor point, but we feel like is really at the heart of the problem, is the loads of paperwork and reading of fine print that is required of us to take advantage of programs that should be entitled to everyone. Each additional form someone has to fill out is an additional layer of confusion that attempts to discombobulate people so much into throwing up their hands and giving up. Making something easier encourages a behavior, while making something more difficult takes away incentive. It is the opinion of Vote for Hillary Online that the United States government is actually trying to curtail higher education in order to keep us all in the dark. They do this by creating hard to understand forms and by increasing the financial burden.

Let it be known that this isn't the first time a Clinton has tried to help American citizens with the growing burdens associated with education. If you'll remember, in 1990 Bill Clinton was a strong proponent of the Federal Direct Loan Program. This program would essentially take out the middleman which exists solely to profit on what should be a consumer-to-provider transaction.

A wonderful excerpt illustrates exactly why Hillary Clinton is the only candidate who understands this mess:

“It would give student borrowers the right to fair monthly payments that do not exceed a percentage of their incomes, as well as access to fair interest rates and fees. The bill would also give students the right to shop in a free marketplace for their lender and to borrow without exploitation. Finally, the bill will give students access to better information about their loans to provide students with better options during repayment.”

• Fair monthly payments based upon income.
• Fair rates that keep Americans' hard earned money in their wallet where it belongs.
• The right to comparison shop in order to get the best value for your dollar.
• Increased options to pay off student loans.

I would be hard pressed to find just one decent America who could honestly argue against these initiatives. This is another one of those times where I feel that the Hillary Clinton detractors have simply failed to take an honest look at her positions and proposals. If you're against better education, interest rates that don't burden students, and less paper work in order to make the process easy to understand, then by all means - vote for someone else. Just don't come crying to us when you end up going bankrupt 5 years after graduating from college.