Student Loan Debt- Slavery
April 15, 2015
Hosted by Mickey Ellison
Student loan debt is now well over one trillion dollars, and the cost of a college education continues to rise. One definition of slavery from Merriam-Webster is submission to a dominating influence or drudgery and toil. Debt is a form of slavery and in many cases we have volunteered ourselves as slaves, but that isn't the case with student loan debt. We have allowed our children to become slaves without them knowing that they've been sold. In this week's show: - The horrors and depression caused by student loan debt; even suicide. - Alisha Smith's experience with student loan debt even after bankruptcy - How student loans drive the cost of college up creating the need for more student loans - How The Road to Complete Fitness is going to zero in on killing student loan debt and then debt in general Individually we may be strong, but together we will be powerful!
Mickey Ellison Show
Archives Available on VoiceAmerica Variety Channel
Children are more wise than adults because they question everything, and as adults, we are often annoyed by those questions, especially the question “Why?” We adults become “set in our ways”, when in reality answering the question “why” may cause us to question what we believe. We would rather give the answer, “it just is,” because we are intellectually lazy and we really don’t know why. The question “why” is an important question because it requires critical thinking to answer. “Why” can back up our beliefs or “why” can break them down and cause us to realize that many of our thoughts are really not our own, rather they are thoughts of others that we have accepted as our own.
Here are some “why” questions for you to consider. Why do some churches ban dancing? David danced! Is a little inflation a good thing? Is our tax code over 70,000 pages long? Are there racists? No one is born that way! Never stop asking why! You never know what you might discover.
I was born in a small town in South Carolina with the dream of playing professional baseball. That dream died in 1993 when my career at Vanderbilt ended. I chased wealth through network marketing only to be $200k in debt after two years. In 1999 I became a financial planner, and a Certified Financial Planner in 2006. While in network marketing and financial planning I heard so many times that perception is reality and “Fake it till you make it,” and those clichés are lies! I had that gut feeling that something was wrong and never spoke up or acted, and in 2009, I found myself scared with one prayer, and that was to know the truth. In my search, I had to look in the mirror, and realized many of the gut feelings that I had about the industry were correct. My goal is to educate, and most of that education is simply common sense. For what it’s worth, I believe my experiences in life can help people, from failing in baseball, and reflecting on the excuses. From pretending to be someone I’m not to get rich in network marketing. From being scared to death because of debt. Pretending to be someone I wasn’t in the financial industry, and now helping people understand what they have in investments and what they are paying. Much of what society tries to sell us is a lie, and if we think for ourselves, search inside, question everything, we can find truth. Find the child inside of us that asks the question “Why?”