President Obama signed legislation to progress college way for millions of young Americans by revamping the federal student loan program in what he called "one of the most requisite investments in higher study since the G.I. Bill."
A word of caution is warranted here. The student loan program could of course become a car for youth enslavement by the Us Government.
Obama learner Loan agenda 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. study 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 accomplish volunteer work, accomplish military service, teach or practice rehabilitation in sure types of communities and/or meet other criteria specified by the forgiveness program such as working in the fields of communal safety, law enforcement, early childhood education, communal health, communal education, communal library or school library services, accident management and the list goes on and on.
The new program run by the U.S. study branch makes it easier for young habitancy to enroll in higher study schools. However, it comes with heavy string attached. For one thing, U.S. study branch is not a financial institution, nor is it a law enforcer. The law enforcer will become the Irs. The financial burden will be settled on treasury and its financial institutions. The U.S. study branch will not be accountable for any of their decisions on how to award the scholarships.
U.S. study branch will become a totalitarian practice beholden to its own policies and the habitancy running the department. It resembles the Communist Ministry of Higher study and this is the topic of this article.
Free study - Communist style
Some communal 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 inexpressive enterprise anymore, if someone 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 ready 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 inexpressive 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 ideas was very strict. It was approximately impossible to pass the test 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 corporal 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 during the class test. Sick leave had to be approved by the on-site school doctor 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 study was only ready as masters degree (5 years). There was no equivalent of a college. The equivalent of four year college was determined 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.
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