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Student Debt War Wages On

Posted by admin on Wednesday, November 30, 2011


It's in the back of most student's minds. We don't like to think about it, but we know the day will come when we will be forced to deal with it. Paying back student loans shouldn't be a worry for fresh graduates, but with the recession raging on and unemployment rates still high, students know that the numbers just don't add up. Some will be without jobs, some will make enough to get by, but we will all have to pay back the money we borrowed, plus interest. This is the problem facing many college grads and the nightmare that haunts soon-to-be graduates. Is there anything we can do to stop the madness?

The Occupy Student Debt movement is trying to get a revolution started. The idea is to get 1 million Americans to stop paying their student loans. A ballsy move for the occupiers, if you ask me. Not paying your loans means bad credit, repossession or even being taken to court. OSD is encouraging supporters to post pictures of themselves on the OSD blog holding signs showing how much money they owe. Much like this one here:

Is this the only option for grads who can't pay their loans? Is the system really working against students, forcing them into debt without a job to pay it back? What is your opinion? Personally, I'm looking into other options for making money after I graduate...Cough Cough... and they don't look pretty. Tweet me your thoughts @allisonasbury.

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