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May 22, 2013
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 Quicksand of Debt for U.S. College StudentsPosted on Sep 7, 2011
According to the Project on Student Debt, the average arrears for graduating U.S. students is $24,000, but that figure is low for many who are entering a state of sustained debt peonage during the wonder years of young adulthood. Since February of last year, HuffPost College has been telling the stories of graduates and students struggling in the mire of obligations to the banks financing their high-priced professional educations. This latest installment shows more of those students displaying the dizzying amount they owe. —ARK
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By zonth_zonth, September 9, 2011 at 12:36 am Link to this comment
“we learn not for life, but for the schoolroom”
Report thisSeneca
By Art X, September 8, 2011 at 11:32 pm Link to this comment
Student Loan Debt Jubilee!
Report thisZero out all student loan debt!
By Sebastian Lawhorne, September 8, 2011 at 10:12 pm Link to this comment
(Unregistered commenter)
@expat: “...this is not some racist rant, this is for real!”
The second most common thing racists say after all the “Zionist-media-won’t-say-this-about-Jews” malarkey.
Report thisBy Robespierre115, September 8, 2011 at 4:54 pm Link to this comment
If Americans had any common sense they would riot like in Chile where this exact same issue is provoking mass protests.
Report thisBy DEFAULT: The Student Loan Documentary, September 8, 2011 at 4:42 pm Link to this comment
(Unregistered commenter)
Hope you check out our film, “DEFAULT: The Student Loan Documentary”.
http://DefaultMovie.com
http://Twitter.com/DefaultMovie
Report thisBy berniem, September 8, 2011 at 1:11 pm Link to this comment
The entire Amerikan financial industry is THE ultimate Ponzi Scheme!!! FREE BRADLEY MANNING!!!
Report thisBy doublestandards/glasshouses, September 8, 2011 at 10:04 am Link to this comment
(Unregistered commenter)
Education is free in civilized countries. The gangsters won’t allow that here. It’s dangerous having people who know how to think.
Report thisBy expat, September 7, 2011 at 11:27 pm Link to this comment
(Unregistered commenter)
ameriKans are idiots.
Their tax dollars pay for free college education
and yet they don’t take advantage of it.
Indeed, financed with your US tax dollars:
israel offers free college education in israel
to any jew.
If you’re a jew, you already knew that,
if not, well the imperial zionist msm
is not too crazy about letting that info out.
Hey, all you need is to convert.
Only idiots pay back student loans.
————————-
Now thruthdig, please don’t censor, this is not some racist rant, this is for real!
source? read: american taxpayer subsidize israel’s prosperity by Allison Weir
http://original.antiwar.com/alison-weir/2011/08/31/american-taxpayers-subsidize-israels-prosperity/
Report thisBy prisnersdilema, September 7, 2011 at 8:21 pm Link to this comment
College isn’t about an education any more. It hasn’t been that way for decades. It’s
about creating the highest debt possible. That debt is then leveraged by the banks and
sold as derivatives, then the servicing of those loans goes to contractors, who have
been freed from the constraints imposed on other kinds of loans.
Remember our friends the banks? The ones that destroyed the economy, then blamed it
on NPR, Teachers, and Union members?
Sure it’s easy to sell kids on the idea of getting a career and doing something with their
lives. But because of the amount they will have to pay on their student loans they will
make the same amount as if they never went to college and just got a job flipping
burgers.
When you see John Boner on T.V., denouncing big government just remember he has
Report thisbenefited more than any other congressman from campaign contributions from the
student loan industry.