Occupy Wall Street Takes Aim at Student Debt

Our National debt is 15 trillion and growing everyday. College loans guarantee debt slaves for many years to come. These people will have to work 2 or 3 jobs just to survive. This means working almost 7 days a week 60-80hrs a week for 10-20 years. Our country needs these slaves to pay the taxes just to keep this country afloat. This is the new reality.99% of these people don't even realize they would be better off working at McDonalds straight out of high school in the long run. Or even starting a business selling or servicing anything.(and they don't teach you that in high school and the question is why?) They are all be blinded by smartphones, pop culture, and the #$%$ promise that if you work hard and stay in school it will pay off. This may be true for the people going into the right fields but for the majority it will not turn out the way they've been taught and the sad truth is they will not even realize it until they are waist deep into it! By the way it's a brillant system they came up with. Nobody ever stops to question any of it. From the moment you are born you are taught that money is everything and you will need to make a lot of it so you can have "Stuff" and stuff = happiness!

Nobody forced those idiots to borrow so much money for a useless education. They made their bed they can lie in it. Now I have to bail out some stupid college graduate becasue he paid too much for an education that only gets him a $15.00 an hour job?

The solution is simple. Just stop loaning money for Degrees that have no financial return. Ultimately that is the collateral for the loan.

Screw loan forgiveness, these people are on the hook until the debt is paid. I repaid my loans, they can repay their's.

The only people entitled to a College education qualify under the GI Bill. If you can't afford College then suck it up.

The cost of the Bush's (father and idiot son) wars would have given a College Education to every American who wanted one for the next 20 years AND would have rebuilt every High School in the United States.

The only folks entitled to a college education are those who qualify under the GI bill. The rest; well if you can't afford it oh well! I'd like a Ferari, but can I afford it? No of course not, my Jeep will do just fine.

If you want to mortgage your future then that is your choice. Just don't expect me to be sympathetic to your poor deccision making.

I know a woman who wanted to borrow another $50k to add to her already monstous debt to get a Master's degree in Social Work. So she could get a $45k a year job rather than a $40k per year. She snubbed her nose a the stipend offered at a good State school and wanted to go to a snooty private school instead. Stupidity at work! Five years from now she'll be whinniung about how she has too much debt and it is somebody elses fault.

If you have a goal toward higher education - you have to plan for it and that includes working hard, planning a budget, AND most importantly taking responsibility for yourself. If you want people to respect and listen to your view, then do something worth getting that respect. Thank you.

you would think they all would be thankful that the money was there for them to borrow. Back in the early 90s when I went to school an individual was only able to borrow a certain amount per quarter, causing me to have to drop out because I couldnt get any more loans. Quit yer bitchin and get off ur butts like all of us have to do every day.

Blahahahhaah I laugh at all these idiots.My college degree cost me nothing.I worked at kraft and paid my tuition. It was hard working full time at night and going to school full time during the day but now I get to reap the rewards. While your living at momy or dady's home, working at Starbucks.

It is not my obligation nor the governments to repay your student loans. I had to scrub floors and clean toilets for years, drover a beater car, ate ramon noodle while living in a dumpy apartment and after 9 years, I graduate with NO DEBT!!! Why should they be any different?

Wait, they take out a student loan and refuse to pay it back and then complain about bailing out banks that have no money because people don't pay back loans?
What am I missing here?

My father worked his way through school. My sister worked to pay for her education. I did attend classes for a year and a half before I was hit with PTSD and had to drop out, but I saved and paid for my classes. I don't feel sorry for people who decide to take on debt and then complain about it.

"Tenured" College Professors encourage these protests..
While living in mansions on campus (for free)
and earning a six figure salary with excessive benefits..
Maybe the OWS protesters should look to their college professors for financial relief.

protesters skip school to go to a protest, to try and get their student debts paid off, so if they stop protesting they can try to go back to school ( if the didn't get kicked out for not attending) and get a job? that they can no longer get cause the got arrested for breaking the law at a protest?

I'm so confused, screw it wheres the beer!

"According to the Huffington Post, the average debt students owed in 2010 was $25,250, which represented a 5 percent increase from the previous year."

Sounds like the price of a car. I bet they won't go without that though or maybe they will want everyone else to buy that for them too.

Maybe it's just me, but who told these kids to rack up gigantic loans in the first place? So they picked an expensive college, went for a degree in God only knows what and expected to graduate into a cushy 6 figure job. Guess what, degrees in political science, early Romance languages and American Lit aren't going to do that for you.

When I went to college, I picked one I could AFFORD...key word is "I", my parents didn't pay for my college. I wanted to be a teacher but saw there were no teaching jobs...so I picked sometheng els, I was lucky with a good summer job and hustled work during the school year and still played varsity sports. I graduated into a lousy job with a small student loan after looking for 3 months BUT, I worked my way up and paid the loan.

Too many kids today have no conception of reality, Once you get older things don't just come to you. You have to work. You are the result of your decisions. You picked the expensive college, you picked the major you took. Life's hard. Get over yourselves.

Just have the government garnish their wages when they get a job. What a bunch of losers. We all had to pay for our loans. No one said you are guaranteed a college education, especially if you get loans to go to top schools. You want affordable college, then go to a community college for the first two years.

I had a student loan, and repaid it. It was slow, hard, and I had to do without a lot of things--especially as we were paying for my daughter's funeral, raising her three children, and working--but I got my loan paid, and other debts as well!
I understand some doctors and lawyers are among the worst to repay--some of that, I should think, would be due to setting up a practice; equipment, furniture, personnel, etc. But, even small payments would help the person.
Others, I hear are just out to get the money, and don't intend to pay it back. How in the world can anyone be so heartless and foolish? Paying it back helps others.

I hear that Alabama has hundreds of thousands of openings in the agricultural engineering sector since the new anti-illegal alien law came into effect: tomato picking, to be exact.

Out of all their demands, Student debt irritates me the most. They did it themselves. What is wrong with working your way through college, Going to a cheaper school, living a little lower on the hog while in school, and quit supporting some lazy slug on your loans. Suck it up. it is your debt, not mine.

tuition's going up 8% year over year has to do with the mafia ( Teachers Unions)
they are far worse than the banks in that either you borrow and sign your life away at the college level:or, in case of the elementary grade levels they simply raise your property taxes once- twice- three times a decade to pay for the exorbitant salaries of the School superintendent and the principals.
I read a story of a school superintendent who was making 700k a year - that should be illegal.

If you do not think liberals make their money off you one way or another- either through your taxes or extortion then you have blinders on.
Vote Independent and for lower taxes- because we are being screwed by the democrats.

If you dont want student debt then pay as you go, dont go or find some other option... It is not anyone elses problem that you have debt or that you went to the most expensive school though it wouldnt actually improve your chances of solid employment