Author Archive: admin
Occupy Colleges and SDS Join Forces
On August 19, Students for a Democratic Society (SDS) , a national student group focused on anti-war efforts and student issues which re-emerged in 2006, formally approved a merger with Occupy Colleges.A previous national vote by the Occupy Colleges National Assembly was followed by intense discussion and a corresponding vote by the National Working Committee [...]
Student Debt Crisis – Video Challenge
Dear Friends and Supporters: The movement has just begun! ForgiveStudentLoanDebt is re-branding as “Student Debt Crisis” to reflect the fact that the reforms we seek are not limited to just forgiveness of loans, but a whole host of other steps that chip away at the status quo. As you know, we’ve already [...]
Student Loan Forgiveness Bill: Any Chance It Will Pass?
“Robert Applebaum, a former assistant district attorney from New York, delivered 1 million signatures Thursday from his petition for Congress to pass H.R. 4170, the Student Loan Forgiveness Act of 2012, at the House side of the Capitol… About 20 students and college graduates and Occupy Colleges activists also joined the group. Their argument: forgiving [...]
Congress bill puts college grads in lifelong debt?
Kyle McCarthy is interviewed about student loan debt and the Movie: Default.
CSU trustees approve executive pay raises
Despite criticism over their generous executive compensation packages, the California State University trustees approved raises for three new campus presidents today, including a 9 percent increase for Leslie Wong, San Francisco State University’s new president. Wong now will earn $325,000 per year. Tomás Morales of CSU San Bernardino and Dianne Harrison of CSU Northridge each got a [...]
Student Loans: 1 Million Signatures Delivered Asking Congress To Do More Than Low Interest Rates
Congress may have a deal on extending the discounted interest rate on federal student loans, but there are a million people who want them to go further. Robert Applebaum, a former assistant district attorney from New York, delivered 1 million signatures Thursday from his petition for Congress to pass H.R. 4170, the Student Loan Forgiveness Act of 2012, at [...]
Indentured Students Rise As Loans Corrode College Ticket
Geraldine Damiani Brezler took out a $5,000 student loan in the late 1960s to study at the State University of New York. She became a nurse, got married, bought a house and repaid the debt in less than three years. Today, her son, David, 38, owes about $85,000 in loans for a master’s degree in education [...]
The Congressman Proposing Change
With the economy still reeling from the Great Recession, many Americans are scraping by on lowered wages and, sadly, lowered prospects. With everything from car notes, housing payments, food and basic necessities, asking Americans to pay on their student loans right now can be a tall order. If you haven’t heard by now, loan debt in America has [...]
Federal Legislation Slams Student Loan Borrowers, Despite the Recent Student Loan Deal
There was recently a lot of hullabaloo in Washington about student loans. Undergraduate federal student loan interest rates were set to double, and this would have increased the cost of an undergraduate education by many thousands of dollars per student. Luckily, just days before the increase was slated to take effect, a divided Congress and the [...]
Call Me Maybe When Your School Loan Is Paid In Full
uly 16, 2012 The increasing debt load of college graduates has affected young people’s lives in untold ways, from career choices to living arrangements. Now add another impact on a key part of young adult life: dating and marriage. Rachel Bingham, an art teacher in Portland, Maine, learned this a few years back, when a [...]
