Group items tagged

"In 2005 private student loans were exempted of ALL consumer protections. No matter when their loans were taken, many borrowers now find themselves in a paralyzing predicament of repaying two, three or multiple times the original amount borrowed, with no bankruptcy protection, no cap on fees and penalties and no recourse to the law. The consequences are dire, with stories of borrowers in financial and emotional ruin."

"There's a biblical precedent for forgiveness-of debt. Why churches are standing by students on one of the Bible's most surprising social principles. "

"A Student Debt Strike Force Takes Off Debt-and the shame that surrounds it-is the tie that binds the 99 percent. Can young people reimagine it as something productive, rather than a tool for profiteering? "

Most Americans, regardless of political party, don't understand how we can ask a senior citizen to pay more for her Medicare before we ask corporate jet owners and oil companies to give up tax breaks that other companies don't get. How can we ask a student to pay more for college before we ask hedge fund managers to stop paying taxes at a lower rate than their secretaries? How can we slash funding for education and clean energy before we ask people like me to give up tax breaks we don't need and didn't ask for?