NPR highlighted the connection between these occupy wall street protests & student loan debt

[Liberal_in_LA]

NPR this morning, highlighted the connection between these occupy wall street protests and student loan debt

A comment from a protestor from another source. Clearly young people are really suffering during this recession.

“I’ve been looking for a full-time job for a year and not able to find one. I’m living with my parents and just got hired part-time/seasonal at Barnes and Noble. I’m over my head with mounting student loans and not able to even start paying them back.

http://www.wsws.org/articles/2011/sep2011/wall-s29.shtml

[LiberalEsto]

1. I've been looking for a job for 3 whole years

Fortunately my husband's got a job, but we can't save anything for retirement because we are paying off more than $75,000 in student loans for our two daughters. One can't find work; the other took a nanny job over 250 miles from home to make ends meet. Her husband got laid off in June.

The student loan debt is KILLING us.

[jwirr]

2. When I was in college back in the early 70s it was much cheaper to

go to school and the student loan interest rate was 3%. What is going on today in that issue?

[LiberalEsto]

3. The high cost of tuition and fees

is causing the student loan burden. And I really believed my kids would graduate, find decent paying jobs, and be able to pay the loans off by themselves. It didn't work out for a number of reasons.

When I started college in 1969 at Rutgers University, tuition was $200 a semester, plus $65 a semester in student fees. I managed to graduate without any loans, although I had to take classes part time in order to work for the last few years. Tuition has gone up astronomically since then.