Fighting Student Loan Debt

http://www.consumerwarningnetwork.com/2009/07/08/fighting-student-loan-debt/#...

College students struggling with overwhelming debt from student loans are getting support from some major players. Click here to watch the video and learn more.

Reverend Jesse Jackson is using the power of his Rainbow Push Coalition to shine a light on the student loan debt problem. U-S Secretary of Education Arne Duncan was keynote speaker at his National Rainbow Push conference in Chicago. CWN contributor Attorney Nicole Mayer was also a speaker.

Jackson and Duncan spoke about the need to make a college education affordable for all students.

Mayer represents minority students in a class action lawsuit against Sallie Mae. The suit alleges the student lending giant charges minority students higher interest rates on their student loans.

"Rainbow Push Coalition and Jesse Jackson have expressed support for the movement to end
redlining of student loans and that is targeting students with higher priced loans simply because of the clor of their skin or the school they attend. And Reverend Jackson with his civil right background really appreciates the implications of this kind of practice, so to have his support, knowledge and understanding is critical," Mayer said.

Mayer also shared information about student loan redlining with NAACP President Ben Jealous and U-S from Illinois Senator Danny Davis.

Category:

News & Politics

Tags:

• jesse
• jackson
• rainbow
• coalition
• push
• sallie
• mae
• secretary
• of
• education
• student
• lending
• loan
• debt
• predatory
• duncan

[ouluvme2]

i didn't go to college, cuz i was too busy learning stuff

[ericaj58]

I totally agree. It has nothing to do with color of skin.

[romanmel1]

I worked for Sallie Mae. They are not charging blacks more than whites for their student loans. Sallie Mae is an equal opportuniity leach. They are collor blind when it comes to ripping off the student. They are not interested in white or black just GREEN!

[bradleyt1]

Turning this nations young out into the world with 60k in student loans is a crime against humanity.

[smedheat]

...well, if "marble mouth" supports it...

[TheSouthpaw1993]

A college should cost the same price for every student, no matter race, gender, age, etc... It's wrong to make college cheaper or more expensive for someone. 

[assman255]

racist bullshit. i'm white and got a shitload of loans. got kicked out for free speech in-between classes at one college and treated like a terrorist there and at another college I quit cause it was stressin' me out. I'm suing for violating my rights and not gonna pay loans. think i'll go to china LOL! USA is a dictatorship worse than china now

[wojtek0000]

Fuck the minorities. If they don't get a loan they're much better off. Who tf wants to have a student loan?

[littlemissanimecutie]

They are sueing sallie mae because black students get charged a higher interest rate? did i hear that right? how does rev jackson make his money? doesnt he have better things to do. brush the chip of your shoulder mr jackson, most black kids get more help with college tuition then i got.