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Washington Monthly - The Student Debt Rally

All publicity is good publicity.  I could have done without the unnecessary editorializing but the word is starting to spread about our plans to participate in the Rally to Restore Sanity!

Publish Date: 
October 15, 2010

Huffington Post - "Student Loan Forgiveness: Too Early for 'Waiting for Superman 2'?"

Many, many thanks to Jon Chattman of the Huffington Post for continuing to shine a much-needed spotlight on the ever-growing crisis of student loan debt in America!

Publish Date: 
October 15, 2010

Rally to Restore Sanity Update: ForgiveStudentLoanDebt and StudentLoanJustice Sub-Rally

As I announced a few weeks ago, ForgiveStudentLoanDebt.com is planning to hold a sub-rally at Jon Stewart's "Rally to Restore Sanity" on October 30, 2010 at the National Mall in D.C.  More good news: We're joining forces with StudentLoanJustice.org for this once-in-a-generation opportunity to rally on behalf of restoring sanity to the s

ForgiveStudentLoanDebt.com at the "Rally to Restore Sanity" on 10.30.10

Ever since I accidentally started a true grassroots movement to forgive student loan debt as a means of economic stimulus back in January, 2009, supporters from all over have been asking me to organize a rally for the movement in D.C.  Throughout that time, I've resisted such calls to organize a protest for the simple reason that I didn't want to go through all the planning and organizing, not to mention the expense, only for nobody to show up - something that could have done a significant amount of damage to our credibility as a true grassroots movement. &nbs

Citigroup Abandons the Student Loan Business.

I've never been referred to as a "Don Quixote" before, but I've been called worse.  Regardless, this is an interesting article about Citigroup's exit from the student loan business and what it could mean for the rest of the industry.

Publish Date: 
September 20, 2010

Urgent Call to Action!

The Senate version of the Private Student Loan Bankruptcy bill passed a significant hurdle yesterday - it was voted out of subcommittee and now goes to the full committee.  While we're still a good way from the finish line with respect to restoring basic fairness to student loans, this is great news.  DO NOT LET CONGRESS DROP THE BALL NOW!

The Kids Aren't Aright: The Policymaking of Student Loan Debt

This article from the Ohio State University's Origins gives an excellent analysis of the unintended consequences of student loans.  While the federal government's guarantees on student loans has made access to college easier, they've done nothing to make such access affordable.

Publish Date: 
September, 2010

Resetting The Movement

Dear members of Forgive Student Loan Debt:

As you're likely aware, this group began on January 29, 2009, the day I wrote the accompanying essay advocating for student loan forgiveness as a means of economic stimulus. At the time I wrote the piece, I was (and remain to this day) current on my student loans. While I may have used my own personal story to illustrate how student loan debt can snowball out of control, I never made the case that I am personally struggling to repay my student loans or that I even want or need to have them forgiven. Rather, I wrote the essay because I was annoyed that a mere 9 days after the inauguration of President Barack Obama, the exact same arguments we've been having for decades were continuing without any new information or any new ideas for how to stop the economy from completely spiraling out of control. By that time, over 4 months had passed since the near-collapse of the financial sector in September, 2008. We knew how deep the problem was and how difficult it would be to climb back out of the hole that affected ALL of us - from the CEOs to workers with 401(k)s.

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