Student debt activists and education advocates Kyle McCarthy and Natalia Abrams are tired of the ‘silence and complacency’ that our elected (and duly bribed) officials exhibit in the face of overwhelming evidence of usury and millions of voices of the disaffected. At least two out of three of students take out loans for college and at least 1 out of 5 of those will default.
Via Huffington Post:
Since 1978, college tuition has skyrocketed by over 900%, while simultaneously, grants and scholarships continue to be slashed. The result? Students are forced to mortgage their futures with student debt, from which there is no escape. In 2010, student debt actually eclipsed credit card debt as the second largest consumer debt in the country (second only to mortgage debt, surpassing $1 trillionin total). The Atlantic recently reported that, since 1999, student debt has increased by 511%.