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Wednesday, October 26, 2011

#ows Student Loan Forgiveness Needs To Happen Now, And We Also Need To Use New Language To Wage Our Battle

All Education Matters: Student Loan Forgiveness Needs To Happen Now, And We Also Need To Use New Language To Wage Our Battle:

Student Loan Forgiveness Needs To Happen Now, And We Also Need To Use New Language To Wage Our Battle

Despite was others say about student loan forgiveness, it is not provocative at all. Claiming that sort of thing actually serves to hurt the measure. When it comes to economists who know what they are talking about, it's hardly brash or crazy or provocative or whatever. It makes a lot of sense, and I'll defer to the experts in this case.

Given the momentum of Occupy, and the fact that outstanding student loan debt is nearing $1 trillion, at this juncture a debt jubilee (across the board) makes perfect sense. As mentioned earlier, in "Endgame: When Debt is Fraud, Debt Forgiveness is the Last and Only Remedy," Zeus Yiamouyiannis makes reasonable arguments for why debt forgiveness is absolutely necessary.

After listening to the press conference call and reporting about the administration's measures to supposedly help bring relief to borrowers, I was - as an activist - very disappointed. These proposals are simply not enough to help