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At a time when young people should be planning their lives, many now are faced with inescapable lifelong student debt which sucks away most of their disposable income. Many in our generation wake up every morning and realize that we will never be able to afford a car, a home, health insurance, or even to start a family. The American Dream? Gone.
Since 1978 college tuition has skyrocketed over 900% while, simultaneously, funding for grants continue to be slashed. The result? Students are forced to mortgage their futures with non-dischargeable student loans. Since 1999, student debt has increased by 511%, nearing $1 Trillion.
To make matters worse, at least 1 out of 5 students currently DEFAULT on their loans, resulting in devastating consequences, including: exorbitant fees and penalties, exploding and usurious interest rates, destroyed credit ratings, possible suspension of driver’s licenses, possible suspension of professional licenses, and more.
We stand in solidarity with everyone that is fed up with this predatory lending system. We are OccupyStudentDebt. This is why we occupy. We are the 99%!
Join us: OccupyStudentDebt.com
Email: Usury@OccupyStudentDebt.org
Facebook.com/OccupyStudentDebt
Twitter @OWSstudentDebt
YouTube.com/OccupyStudentDebt
