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Detroit Free Press OpEd by Rep. Hansen Clarke: Students in Debt Need Relief, Too

 Our Champion in Congress, Rep. Hansen Clarke, in his own words:

"I have proposed the Student Loan Forgiveness Act of 2012, which would eliminate many of the awful consequences of educational indebtedness. In doing so, it would give Americans greater purchasing power, helping to jump-start our economy and create jobs."

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WaPost Opinion: Saddled with College Debt

From the article:

"This legislation would be an impetus for economic growth by helping indebted college graduates get out of the renting cycle, build a small business, or stop putting off major life decisions such as starting a family."

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New Petition in Support of H.R. 4170: The Student Loan Forgiveness Act of 2012

You knew it was coming. . .and, here it is!  A brand new petition in favor of Rep. Hansen Clarke's new bill:

The Student Loan Forgiveness Act of 2012 (H.R. 4170) - Bill Text

Student Loan Forgiveness Act of 2012 (Introduced in House - by Rep. Hansen Clarke)


2d Session

H. R. 4170

To increase purchasing power, strengthen economic recovery, and restore fairness in financing higher education in the United States through student loan forgiveness, caps on interest rates on Federal student loans, and refinancing opportunities for private borrowers, and for other purposes.

MLive: Clarke Introduces Student Loan Forgiveness Act: Pay 10% of income for 10 years, get out of debt

From the article:

". . .along with his Detroit Jobs Trust Fund bill, it's another example of out-of-the-box thinking by Clarke."

There's a reason I've been referring to Rep. Clarke as our Champion in Congress!  A revolutionary thinker, a courageous leader, and a man of his word who isn't afriad to challenge the status quo!  Thank you, Hansen Clarke!

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NYC Premiere of "For Profit" This Weekend!

FSLD group member, enthusiastic activist for major reforms to the way in which we pay for higher education in America, and my friend, Aaron Calafato, has written, produced and will be starring in his own one-man show, "For Profit" premiering this Sunday, March 11, 2012 at The Seeing Place Theater in NYC.

Following the Tuesday, March 13th show, I will be participating in a panel discussion and Q&A session along with several other well-known student loan reform activists, so if you're interested in seeing the Talk-Back session as well as the show, you should book your tickets for March 13th.  It should be a great show!

Buy your tickets today! Only $12!!!


Rep. Hansen Clarke: A Man of His Word!

H.R. 4170, The Student Loan Forgiveness Act of 2012, has finally been introduced in the House of Representatives by our champion in Congress, Rep. Hansen Clarke!  Here, Rep. Clarke gives a brief overview of the bill, details for which will be available as soon as the bill is posted for public view.  Thank you, Rep. Clarke for standing up for the middle class!


Business Insider: America's University System is Bankrupting A Generation

Appreciate the attention to the issue, however, there are two glaring errors in just the title of this article:

  1. "Bankrupting" is a poor choice of words, as nearly all consumer protections, including bankruptcy, have been stripped from all student loans, both Federal and private; and
  2. "A Generation" is too limiting - it's crushing several generations.

Otherwise, certainly worth a read!

Publish Date: 
March 7, 2012

Time: Why the Student Loan Situation is Worse than we Thought.

Are you paying attention now, @FelixSalmon & @JustinWolfers?

Publish Date: 
March 7, 2012


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