Sentences with phrase «debt slavery»
Debt slavery refers to a situation where a person is trapped in a cycle of debt, unable to escape due to high interest rates and fees, resulting in financial bondage and limited freedom. It implies being severely burdened by debt with little chance of paying it off fully. Full definition
While government backed student loans can offer borrowers some advantages loan repayment programs, private student loans are grossly unforgiving and leaving more and more people stranded in a life of debt slavery without any solutions on how to break free.
getoutofdebt.org
Let's review the steps necessary for avoiding debt slavery and using credit cards to your advantage:
(See The Student Loan Scheme: Gateway Drug to Debt Slavery for details.)
liberation of the captives debt slavery of the poor truth and honesty media manipulate minds Justice free market above justice equal dignity of all marginalization of the poor women's dignity and rights (s) exploitation of women, loves little children neglects children's dues Safeguard family break - up of family genuine freedom of conscience freedom for the market forces land, homes for all world apartheid, homelessness work and fair wages for all unemployment: gross inequality
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Student loan 90 + day delinquency rates continue to climb to historic levels and this is debt that traps most consumers into debt slavery by legislation or incorrect assumptions there are no legal remedies for problem student loan debt.
Minimize spending, pay on time, and avoid debt slavery.
Although once perceived as a ticket to a successful future and to financial security, a four - year university degree in America has become a ticket to years of debt slavery.