SearchUser loginNavigationCreate new accountTeam AgonistEditor in Chief: Steve Hynd ThoughtfulGlobalTimelyMixed Bag of Candy: Corner: Brian Downing's Picks: Numerian's Numbers: Syndicate |
This Morning . . .. . . on the Market Place Morning Report I heard them repeat and utterly mind-blowing statistic: student loan debt was now higher than credit cards, weighing in at $830 billion. (The story isn't on the site, but it can be heard towards the end of the eight minute show.) The student loan debt was brought up and specifically linked to the Occupy Wall Street Protests, as it damn well should be. If there was one thing I would fight for if I was a twenty-something it would be this: a complete credit strike. I'd create a campaign and set a date where all students across the country recently graduated and paying student loans stopped paying. The sum of student debt is an outrageous, feudal, rentier-society fact that is one of the key aspects holding our economy back. It's parasitical. Just walk away. That's what I'd do. Sean Paul Kelley October 3, 2011 - 8:10am
( categories: Business | USA: Domestic Issues )
|
![]() Premium AdvertisingAgonist Page on FaceBookAgonist Facebook Activity |