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Senator Warren’s Plan to Cancel Student Debt Could Break America

How to Prepare for the Socialist Invasion of America

Written by Jeff Siegel
Posted May 23, 2019

$1.5 trillion.

Collectively, this is what more than 44 million student loan borrowers owe.

But don’t worry, because there’s a plan to eliminate this debt.

The plan is simple and is picking up a lot of support on social media.

In fact, Senator Elizabeth Warren is making it a keystone of her campaign platform.

The solution for all those folks with student debt?

Just don’t pay it.

Yeah, that’s pretty much the solution.

A few weeks ago, Senator Warren posted the following tweet:

Student loan debt is crushing students. My new proposal is about opportunity for everyone. Let's cancel student loan debt for about 95% of Americans, make college universally available, and invest more in Pell Grants and HBCUs. And we'll pay for it with my #UltraMillionaireTax

So basically, her solution is theft.

Cancel My Debt

Yesterday morning, Senator Warren sent out another tweet, writing:

Share your stories using #CancelMyDebt and find out how my plan to cancel student loan debt for 95% Americans that carry it would be impact your life.

Here were some of the responses:

Most of the folks who tweeted in support of Senator’s Warren’s suggestion are in debt because they chose to go into debt. You don’t have to go to college. It’s not a law.

The reality is that we have gone from a nation that rewards honor and hard work to a nation that rewards bad decisions and laziness.

No one forced these kids to take out hundreds of thousands of dollars in student loans.

Hell, no one forced them to even go to college, which in many cases has become one of the biggest rackets in the country.

I’m not criticizing higher education, but I am criticizing this idea that every student should go to college, regardless of the cost.

Some kids would be better off learning a trade, or even taking a year off to figure out what they want to do with their lives, before dropping $50K for a year’s worth of core curriculum.

Of course, I really don’t care what these kids decide to do, as long as it doesn’t add to the many economic problems this country faces today.

And that’s exactly what student debt has become: A massive economic problem.

It’s actually a crisis that, make no mistake, will eventually trickle down to the rest of us.

Senator Warren and other far left politicians want everyone to have free college.

Well, why stop there?

Let’s have free houses, free cars, and free booze.

We’ll just let the rich pay for it, right?

I can’t believe we’ve fallen so far. And when I watch some of these politicians suggest policies that are really based on little more than theft and wealth redistribution, I get very concerned.

What’s going to happen if these guys gain more congressional seats or even become president?

Look, I’m not trying to get into some big political debate. Instead, I’m simply doing my job: helping folks like you build and protect your wealth.

And make no mistake: If some of these ideas take hold and become law, your wealth will be at risk. Because it’s not the ultra-rich who will ultimately pay the price. It’ll be the regular folks, like you and me. It’s how it always works.

Now, if you’re a regular reader of these pages, you know I have a pretty impressive track record.

In fact, last year was my best year ever after I closed out three quadruple-digit gains.

Members of my Green Chip Stocks community who followed my advice made a fortune. Check it out:

  • Aphria, Inc. (TSX: APHA) — 1,174% gain
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And we’re still raking it in.

Mostly in the cannabis space, where I’m witnessing some of the biggest gains of my career.

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Truth is, it’s getting dangerous out there. And as much as I hate to come off as a fear monger, the reality is that we need to build as much wealth as possible right now before the chickens come home to roost.

The movement to integrate more unsustainable economic policies that look more like something suggested by Fidel Castro or Joseph Stalin then by a U.S. lawmaker is very real. And I’m sure as hell not waiting around for the proverbial poop to hit the fan.

The time to supercharge your wealth-building strategies is now, not tomorrow.

To a new way of life and a new generation of wealth...

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks, a private investment community that capitalizes on opportunities in alternative energy, organic food markets, legal cannabis, and socially responsible investing. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page.

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