We tell all of our young people that if they want to have a bright future, they must go to college. This message is relentlessly pounded into their heads for their first 18 years, and so by the time high school graduation rolls around for many of them, it would be unthinkable to do anything else. We tell our young people to go to the best college that they can possibly get into and to not worry about what it will cost.
We assure them that a great job will be there after they graduate and that great job will allow them to easily pay off any student loans that they have accumulated. Of course, most college graduates don’t end up getting great jobs, but many of them do end up being financially crippled for decades by student loan debt.
In all of American history, we have never seen anything quite like this student loan debt bubble. Since 2007, the total amount of student loan debt in America has nearly tripled.
Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.
The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in a document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:
“Slavery is likely to be abolished by the war power and chattel slavery destroyed. This, I and my European friends are glad of, for slavery is but the owning of labor and carries with it the care of the laborers, while the European plan, led by England, is that capital shall control labor by controlling wages.”
On how to control wages, the Hazard Circular went on:
“This can be done by controlling the money. The great debt that capitalists will see to it is made out of the war, must be used as a means to control the volume of money. . . . It will not do to allow the greenback, as it is called, to circulate as money any length of time, as we cannot control that.”
The government, too, had to be enslaved by debt. It could not be allowed to simply issue the money it needed to meet its budget, as Lincoln’s government did with its greenbacks (government-issued US Notes). The greenback program was terminated after the war, forcing the government to borrow from banks. Banks issued money and lent it, at interest. More had to be paid back than was lent, keeping the supply of money tight and keeping both workers and the government in debt.
At this moment, America is drowning in more student loan debt than ever before. Here’s 11 mind-blowing statistics to get the point across.
#1 The student loan debt bubble has now grown to 1.4 trillion dollars.
#2 In 2007, the total amount of student loan debt in the U.S. was just 545 billion dollars.
#3 Over the previous ten years, student loan debt has grown by a staggering 176 percent.
#4 Americans now owe more on their student loans than they do on their credit cards.
#5 In 2003, student loan debt accounted for just 3.3 percent of all household debt. Today, that number has grown to 10.5 percent.
#6 The current student loan 90-day delinquency rate is 11.2 percent.
#7 30 percent of all student loans in the United States are either in “deferment” or “forbearance”. The most common reason a loan is placed into one of those categories is that the borrower cannot pay.
#8 It is being projected that a whopping 40 percent all student loan borrowers will default on their loans by 2023.
#9 From 2007 through 2017, “college tuition costs jumped 63 percent, school housing surged 51 percent and the price of textbooks by 88 percent.”
#10 In 2001, 18.6 percent of all U.S. households led by someone in the 18 to 34 age bracket were carrying household debt. Today, that number has jumped to 44.8 percent.
#11 Each year, more than a million Americans default on their student loans.
Unlike mortgage debt, student debt must be paid. Students cannot just turn in their diplomas and walk away, as homeowners can with their keys. Wages, unemployment benefits, tax refunds and even Social Security checks can be tapped to ensure repayment. In 1998, Sallie Mae (the Student Loan Marketing Association) was privatized, and Congress removed the dischargeabilility of federal student debt in bankruptcy, absent exceptional circumstances
Occult Origins of Universities & Degrees
So you can clearly see those who control the production of money literally control everything. If you go down the rabbit hole a little further and stud up on the etymology of words you will see the much bigger agenda at play here. The “New World Order” as some refer to it.
First, you pay out your “tuition” to get into “universe”-ity where they strip you of your Intuition and give you an Indoctrination. The true meaning of Graduation is gradual indoctrination. The longer you go to school, you become so indoctrinated they give you a doctorate.
“The syllables are Ma- for measure and Stor- for Star. ‘measurer of the stars,’- namely an astrologer. Children are still given a star today for successful application to their studies. When we matriculate from a university, we are given a ‘Master’s Degree.’ This is purely sabean. Degrees are part of the cycle of the zodiac. One was given a ‘degree,’ to show that they, like the sun they were progeny of, had ascended to an exalted place. Once you had mastered the stars you were then quite literally a MASTER.” -Michael Tsarion, “Astrotheology and Sidereal Mythology”
“When you graduate from high school you come out processionally with a black robe, which is black for Saffron, the God of the Hebrews, requiring that you wear the square mortarboard on top of your head. The square mortarboards are, of course, used by the Freemasons for their plaster, so that is why you wear a square mortarboard when you graduate, ultimately becoming an Alumni. It all has to do with Freemasonry; it all has to do with the control of education in this country.”
-Jordan Maxwell, “Matrix of Power”
This article, written by Stacy Flanagan, was originally published at https://www.dtss.us/blog/higher-education-has-become-one-of-the-biggest-money-making-scams-in-america/
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