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Saturday, November 10, 2012

Food stamps: Once associated with the poor, now commonly used among college students

The baby boomers heavily indebted and growing ever dependent on social programs above and beyond social security have to be concerned that younger generations, the backbone of future revenues used to fund socialism, are also growing more dependent of them for survival.  It doesn't take much to recognize socialism as the common thread of survival for all Americans. This dependency, reflected in the outcome of the 2012 election, suggests only one outcome - monetization of debt.  The uncertainty created by monetization of debt to fund an empire's excesses has a tendency to cause capital to flee and various forms of economic, social, and political ills for its citizens. 

Headline:  Food stamps: Once associated with the poor, now commonly used among college students

Nearly 47 million Americans rely on federal food assistance benefits, a 12-year high attributed to the weak U.S. economy and high rates of unemployment over the last five years. Lesser known is that college students are among the increasing numbers of people relying on food stamps. As tuition rates have risen and financial aid has fallen — and parents who were once a source of financial support have lost jobs or homes and become ineligible for college loans for their children — students have had to fend for themselves.

Some college students now work two and three part-time jobs to cover living expenses and some of their tuition. They’re applying for more student loans and claiming financial independence on their tax forms to become eligible for financial aid that does not factor in parental contributions. They’re cutting corners by renting required textbooks instead of buying them or simply making due without some textbooks. They’re also bypassing expensive college meal plans and applying for food stamps, an option that once carried a social stigma on campus but no longer does now that food stamp usage is more commonplace at colleges around the country.


Source: washingtonpost.com


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