Saturday, February 7, 2009

It is time for a Student Loan Jubilee

This article by Jon Chattman at The Huffington Post is one of many that will be written over the next few years as college graduates are forced into slavery. And we mean literal slavery, as judges continue to mandate that all assets and income be turned over to the same banks that are being bailed out by large dollops of tax dollars.

Bankruptcy does not discharge student loan debt, and as the real economy worsens many will find that they have traded a chance for an education for a lifetime of misery.

Here at this site, www.studentloanjubilee.blogspot.com, we will attempt to report the coming flood of horror stories, analyze what has gone wrong, and discover reasonable solutions that are just.

We all need to work hard, but slavery must never come back to the United States.

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