U.S. News & World Report: Congress Cuts, Obama Attempts to Collect as Loan Default Rates Rise

From "The Student Loan Ranger:"

Outside the beltway, on the other hand, a growing demand for more fundamental reform can be heard. A petition to forgive student loan debt initiated by ForgiveStudentLoanDebt.com founder Robert Applebaum has gathered close to a half million signatures. And, as we noted on our Twitter feed and Applebaum described in a recent article, frustration with the burden of educational debt is one of the themes voiced by participants in the Occupy movement.