Germany eliminated tuition, while Americans are drowning in $1.2 trillion student loan debt (Update)

(Cross posted by author from the Daily Kos)

Written by an American MBA expat living in Germany.


I was privileged with the support of the Daily Kos community to have ordinarily publish this diary which went onto viral status, having received over 30,000 Facebook shares and 588 Tweets.

I have since received from members of the Daily Kos community large substantial numbers of requests to update and republish the diary at DKOS as the original diary can no longer be commented on and participated in. Therefore I republished this diary yesterday where in response to requests from readers for updated material, I unpublished this diary and am republishing it today substantially in rewritten form as a service to the community.

I am therefore impressed this is an important discussion that deserves our attention for a serious subject matter. Therefore as my reader, I would like to invite you to give this indepth report in the matter of this diary a close read. I'd also like to thank Meteor Blades and all of the original recommenders of that diary who are too numerous to repeat here. The recent events in Ferguson, MO and other such senseless tragedies perpetrated by the racist American police state have brought the crisis of our democracy into the international media spotlight.


Germany has just joined other nations of the Continental European Union to eliminate all university tuition, as a human right. So it is that we find ourselves as part of the neo feudalist American state that has left Americans mired by contrast in $1.2 trillion of student loan debt. This has created a bubble which threatens to unravel the $17 trillion American economy. As such we find ourselves to be substantially disturbed at these turn of events, in what must be described as state supported student loan slavery. It should further be noted that the modus operandi of student loan enslavement is consistent with the anti-democratic model of what may only be described as the United States of oligarchy. To reiterate, a recent Princeton university study that has since gone viral has declared the United States is no longer a democracy, and has in fact become an oligarchy. To which this article notes it is an oligarchy that has mired the American people in $1.2 trillion of student loan debt. This has become so onerous for the American economy to bear that it is now become a threat to the US economy itself.

Please click on the link below to continue reading the rest of this article. Thank you.
http://www.boomantribune.com/story/2014/12/16/64933/805