Critical Mission Two: Entrepreneurship & Employment
With the second mission there are big connections to the first one. Student loans have a huge impact on the borrower. They have become a burden on millions of Americans. Some may argue that all of the borrowers knew what they were getting into. Yet, have you ever seen such a corrupt scheme where students are seeing ever increasing costs per school year to better themselves due to what society has told them they need to do?
We have seen multiple lawsuits against Navient about their corrupt policies to ensure the maximum amount to be owed. Steering students down wrong paths that increase the total amount tremendously. When they are out of school the debt is now double and triple the amount originally borrowed. Yet these are the only avenues to pay for education. However the default rate has doubled and is closing in on 50% of all borrowers.
Critical Mission Two starts when we get borrowers cleared, and this means their income can go into products, services and other purchases that boost our economy. Yet the biggest actions that could be taken by countless of these borrowers are starting businesses, creating inventions, and growth that not only benefits them personally but will benefit the nation as a whole.
Les Brown said “The graveyard is the richest place on earth, because it is here that you will find all the hopes and dreams that were never fulfilled, the books that were never written, the songs that were never sung, the inventions that were never shared, the cures that were never discovered, all because someone was too afraid to take that first step, keep with the problem, or be determined to carry out their dream.” For our nation with the albatross of student debt nailing younger generations to the floor, we will suffer as a nation. There are brilliant minds trapped because of this debt. Minds that are afraid to take a chance on an invention that could revolutionize our nation and the world. Afraid to take the chance in starting up a new company that could possibly be the new google, or operating system, or medical advancements. Such great things are being kept down because no one wants to take the risk of not having a paycheck so they can pay their student loans and barely be able to pay the other bills of life.
As we work together to rid this nation of the student loans, we will be able to free up these great minds and they will want to share their ideas, inventions and potential startups with all of us. We here at FOUR from the 4% that is collected from proceeds will have already made investments to begin researching these potential next Googles or Amazons, a new propulsion system, fusion technology and so much more, and assist them in becoming successful. We will be coordinating with professionals in those market sectors and getting their insights into the chances of success by these individuals. We will provide them with startup guidance and investments into their businesses to ensure they grow and become successful.
By working on and completing this mission, we all will have assisted in creating countless new businesses. These new businesses will hire thousands upon thousands of our nation’s people. These jobs will be better paying, have better benefits and lift people to new heights. The new businesses will bring in the future, cleaner resources, greener propulsion systems, space travel, and medical advancements and in the end make the world a better place.
Yet we will not only be looking at newly freed from student persons, but others that haven't had the ability to move forward with a business and or invention. This could possibly be you, or a parent that is assisting their child to pay their student debt and couldn't afford to take the chance.