CNN Touts Civilian Service Corps As Way Of Shedding Student Debt

CNN has some advice for any former students now saddled with excess debt carry out a decade of social work or join the ranks of the governments civilian service corps.
CNN business news correspondent Stephanie Elam put on the hard sell for government service to viewers of Newsroom.
This is really about helping those people out, getting them ready as far as the choice for best course of study for the financial future, Elam told viewers.

So you may consider the possibility of enlisting in public service. Demand is really high right now for government jobs and any remaining debt on federal student loans will be forgiven after you work full-time in public service for ten years. Elam continued.

But to get this benefit, you need to take out your loan from a federal lender as opposed to a private one like Sallie Mae, she continued, apparently auditioning for the role of Obamas public service czar.
CNNs national public service broadcast continued as Elam then touted AmeriCorps and the Peace Corp service:
Theyre not going to forgive your loan, but if you do have service that you provide to AmeriCorps, you will enjoy loan forbearance, and what that really means is you wont be have to make any payments while youre serving, and AmeriCorps volunteers are also eligible for an education reward for $5,350, the anchor said.
Elam then added four full years of Peace Corps service will equal a 70 percent cancellation of an existing Perkins loan.

Category:

Nonprofits & Activism

Tags:

• cnn
• student loans
• social work
• we are change
• infowars
• steve watson
• civilian service corps
• alex jones
• new world order
• chicago

[dtmbcorp]

Government jobs the only "bright spot" in the economy... They admit it like it's ok and normal.

It's FASCIST! We are headed in a very bad direction, there's no doubt about it. Time for people to get behind strengthening state governments. The Feds can't just have free reign over every fucking thing. I understand why a federal government is necessary, but it has gone WAY too far in the last 50 years, and even before that.

Build your own house, live off grid, start a small business, grow food.

[lilhotboy247]

What a load of ....

[jeanieviviani]

This is exactly what i was looking for. thank you for this.

[facelessstateofmind]

she forgets to tell you if you miss one payment in the 10 or 25 years, you loose the forgiveness

[vincevince801]

Stephanie Elam is hot!

[dayvidiot]

@kmg501 if you have a birth certificate, you are already property of the state.

[MrSleeps]

i have school loans to the tune of 22 thousand i will be in debt for the rest of my life before i give up 10 years of my life to get "loan forgiveness". like obama said the military is great need of civilian counter part here at home, i'm not gonna be part of that.

[TheStrazy]

If you dont have a shirt put on a brown shirt!!! or in this case a green shirt. I was brought up to believe the politicians serve us not the other way around. They will "forgive" our loans lol Im pretty sure chinaand japan and any other debt holders that the congress has borrowed from will not "forgive " anything unless congress serves them!

[yakyakyak69]

Progressive Social-Fascists in Congress or the courts ignore the FACT that the 10th Amendment LIMITES the scope of the Commerce and General Welfare clauses.

We the People MUST ignore the 16th Amendment in order to limit Congressional spending power. Dont File and Dont Pay!!! It is OUR DUTY as a FREE PEOPLE!

The 2nd Amendment exists so that WE can defend OUR LIBERTY from gov't Tyranny!

[kmg501]

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The communist party AKA the Democrats and their communist in chief would like every citizen to be property of the state.

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[ariespow]

This is the NEW draft not only for students,but later for anyone who to erase thier debts