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Fire Walk With Me

(38,893 posts) Mon Apr 23, 2012, 11:22 PM Apr 2012

On April 25th the total amount of student loan debt in the U.S. is due to top 1 trillion dollars [View all]

http://www.occupyboston.org/2012/04/23/ob-media-rundown-42412/

Occupy Student Debt Campaign calls for national day of action to mark the moment total US student debt passes $1 trillion

On April 25th the total amount of student loan debt in the U.S. is due to top 1 trillion dollars. This marks a momentous victory for Wall Street-much to the despair of student loan debtors across the country. On this date, the profiteers on Wall Street will be popping champagne bottles, eating caviar, and sneering at the debt-burdened students and graduates who lug around this 1 trillion dollar ball and chain.

1 in 2 new graduates are jobless or underemployed

14 replies

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Highlight:

On April 25th the total amount of student loan debt in the U.S. is due to top 1 trillion dollars [View all] Fire Walk With Me Apr 2012 OP

Sorry, responsible Democrats don't really care about stuff like this MannyGoldstein Apr 2012 #1

President Obama's fighting to prevent student loan interest rates from doubling joshcryer Apr 2012 #2

How about fighting for inexpensive college education MannyGoldstein Apr 2012 #6

As senator, Obama missed votes on student loan bill he now wants to extend joshcryer Apr 2012 #11

That's outrageous. All student debt should be forgiven. sabrina 1 Apr 2012 #3

No thank you. I borrowed the money from the tax payers. I'd prefer to pay it back. phleshdef Apr 2012 #7

The student loan bubble is going to make the housing bubble look like nothing. joshcryer Apr 2012 #4

+1000. white_wolf Apr 2012 #5

Why is it so expensive? dkf Apr 2012 #9

The privitization of schooling, institutionalized education is a business. joshcryer Apr 2012 #10

When you offer large loans to young people with little income or assets... OneTenthofOnePercent Apr 2012 #8

The problem is that the system is set up to make the rich richer and poor poorer. joshcryer Apr 2012 #12

by design. rentier economy. keep the income streams flowing to the rentiers until they've HiPointDem Apr 2012 #13

I can't even get scared or stressed out about my loans... a la izquierda Apr 2012 #14