POWER

"Power concedes nothing without a demand. It never did and it never will." - Frederick Douglass

Wednesday, July 27, 2011

DO THE RIGHT THING



Becoming informed and taking action is essential in the battle against corporate crimes in America. This link will take you to a Facebook page set up to organize support for restoring standard consumer protections to student loans (being able to discharge them in bankruptcy).

Please support their efforts. They have made it easy to contact your representatives in just a few minutes or less.

Discharging loan debt is not the only solution to the crisis, but it is a major step, and offers relief to the most severe cases, where lives are literally being ruined. If gambling debt, and all other types of debt can be declared in bankruptcy, why should student loans be excluded?

Please take action. On the most basic level it shows politicians that this issue is on the radar, and people are getting pissed.

If your school belongs on the "DEBT REGRET SHIT LIST" featured in the right column, please let us know by e-mailing this blog. Your name will not be used- just provide the name of the school, year of graduation/withdrawal, type of degree, amount of debt owed, and an optional comment. If you regret your debt tell others so people can avoid the same mistakes. It is not just complaining. The real picture needs to be made clear to potential borrowers.

In the coming weeks, particular degree fields and how they relate to the debt crisis, will be featured here. Information is still being gathered to present it. If you have any other ideas about particularly rancid academic/career investments let us know.

WHAT ACTIONS CAN WE TAKE TO HELP PEOPLE AVOID MAKING BAD DECISIONS ABOUT ATTENDING SCHOOLS AND TAKING ON OPPRESSIVE DEBT?

1 comment:

  1. I love the imagery, Paul. I hope you include Master's of Social Work programs. Even public universities are charging such in-state grad students $15K-$25K per year in tuition.

    Keep in mind that many of these students will need to get their license to become CSWs. Entry-level positions often are part-time or pay $31K-$35K, for full-time employees. There is a huge glut in this low-paying field. (To any lemmings out there, I am aware that those with LCSWs can do pretty well. However, those workers have done their 2,000-4,000 hours in the field. Depending on whether one is working in the field part-time, it can take on 5-10 years to reach this figure.)

    ReplyDelete

Real Time Web Analytics