By announcing that she will write off ALL student loan debt.  Student debt was a big factor behind Bernie’s ascension.  Much of his money came as a result of those donating who looked to him to solve their financial nightmare they inherited after finishing 4 years of college…

Hillary can capitalize on that and bring in those youth still suspicious of her past motives. But she should add the punch line,”but if there is anything we learned from Obama’s 8 years,  it will take an entire Democratic Congress for me to accomplish that…”

And if she were to do this, she really wouldn’t have to do anything else during her tenure to address current inequality, since this one issue would be enough to right all wrongs..

Write off $1 trillion and let that money get spent in our economy instead of being sucked out.

In one fell swoop, it would transfer future payments going to the top 1%, back to economic activity for the 99%…

Let’s take a personal example… If you borrowed $40,000 to finish college… your current payoff amount upon graduation would be:  $40,ooo.  By the time you finish your payments after 20 years, you actually paid close to $100,000….($99,810)

Which means whoever lent you the money expecst to make it all back, plus earn 150% profit over the life of the loan.

Now if you write off every single student loan…. you are only writing off the principal… and the interest or the 150% tacked on, doesn’t cost you a thing.

Now to be clear, writing off a loan does not mean the government will pay it.. It means the investors eat it… Simply write it off their books…

They can easily afford to do so… it should still keep up their high profits regardless of no student loan money incoming…

And money that was coming into the 1% in the form of college loan payments, now goes to cars, or housing, or SHOPPING!!  Or maybe investments.

It’s as if the Fed said to you… “No more taxes.. Forget about it”… What would you do with all that money?

Republicans have been trying to get us to that point for years… But unfortunately the government needs that money to function..

However the 1% DOES NOT NEED ANYMORE MONEY… They are awash in too much already…   All they are doing is adding more gold coins daily to a mountain of gold they already have…

So by writing off every single educational loan in this country with the approval of both future Democratic Houses of Congress, Hillary can make America great again…

Making this her policy, can generate millions of volunteers to make that election sweep happen…  Even Red States will be CHEERING for her to win….

 

 

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