Friday, October 10, 2008

How Education will get America Back on Track

The key to this crisis may very well be in our education. Our country, in this ever increasingly specialized world, must be innovative. This only comes from educating our citizens as much as possible, however, what inducement do people have to assume large student loans neccessary to pay for specialized education if they cannot afford the simple staples in life like bread and electricity?

Education can be our nation's economic saving grace. I would like to see our candidate propose policy that will put education costs back into the national discussion. Rather than nationalize Wall Street, we should be nationalizing individual student debt, to best serve our nation.

Paying off people's bad debt on homes, autos and credit cards does not stimulate the US economy as it will only give those people incentive to go out and rack up more debt. Education is something different, it takes drive, determination and commitment. With more education, and less debt as a result of it, people will be inclined to spend more money and be able to better afford to do so. This approach is about building the US economy back from the ground up, rather than giving it to the few at the top in hopes that the effects of the bailout will trickle down to the average US citizen.

Socialize our nation's student debt and invest in our natoin's most precious asset, our students.

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