As the Obama administration continues to spend hundreds of billions of dollars to bail out the nations banking system, a growing movement is calling on the government to do more to help students struggling to pay for college.
These are some of their stories.
Transcript & links at:
http://www.democracynow.org/2009/3/12/reduce_the_rate_rev_jesse_jackson
So students took out big government guaranteed loans that they couldn't pay back? Sounds familiar; sounds like the housing bubble. Students, you are suckers and now you want my tax dollars to pa off your debt!?
While you guys tooks these loans out, I worked hard, started my own business, had a baby to pay for and you want my fucking money? Occupy Wall Street can go to hell.
canaanav 4 months ago
These lenders are a blight on our students! In other developed countries, university is accessible to all!
concordbdance 2 years ago
Suze Orman has backed down somewhat from calling student loans "good debt". Why doesn't Oprah Winfrey do the same? Higher education is DESTROYING our economy because a whole generation of graduates will never have any money to spend: their income is completely sucked up by student loan payments and by the time their loans are paid off their education will be out of date. Just imagine how quickly a computer science degree can become obsolete.
waverly2468 2 years ago
This is absolutely true. Student loans are destroying a whole generation.
jayraskin 3 years ago 2