ForgiveStudentLoanDebt.com is a grassroots movement that began as a proposal authored by Founder, Robert Applebaum, entitled "Forgive Student Loan Debt to Stimulate the Economy" which he posted to a Facebook group by the same name in late January, 2009.
Almost immediately upon posting the proposal, people from all walks of life began to join, sharing their stories of economic hardship and struggle as a result of their crushing student loan debts. While the original proposal was intended as an alternative economic stimulus plan, the group quickly evolved as a vehicle for exposing the gross inequities and unfair practices inherent in the student lending industry.
After membership grew to approximately 1000 people within the first week, a reporter for the Huffington Post wrote an article about the proposal and group and, thereafter, membership grew by the thousands. The group enjoyed a great deal of positive press attention in the Spring of 2009 which only served to increase membership, now close to a quarter of a million people!
ForgiveStudentLoanDebt.com was founded so as to take this growing grassroots movement to the next level through lobbying, education and advocacy for a complete overhaul to the way higher education is financed in this country.
Central to FSLD's mission is a belief that a well-educated citizenry is essential to our prosperity as a nation in the new, 21st Century economy. Quality education is the key to our ability to compete and succeed on a global scale and, to the extent we burden our workforce with enormous debts to obtain the knowledge and skills they need to excel, we limit not only our future economic choices, but our freedom in general. The future economic success of our nation is wholly dependent upon a workforce with the critical thinking skills necessary for innovation, entrepreneurship and prosperity and it is FSLD's core belief that, in order to unleash the full potential of those skills, we can no longer burden students with the ever-increasing costs of an education that benefits society in general, not just the students receiving them.
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